Rusty
4.5K posts





If you do not read it here you will likely not hear it in any other place. Canada’s #1 natural source of wealth is still under attack. Enough is enough. #energy #carboncapture #cdnpoli









A moment Pierre Poilievre didn’t want to meet theglobeandmail.com/politics/opini…

In my view, this is the biggest misconception in the oil market today. Generalists are looking at it from Strait of Hormuz traffic flow while oil specialists are looking at production shut-in. Generalists are saying, “Well, if there’s a peace agreement or tanker starts to come back, everything will be fine.” Oil specialists are saying, “No, shut-in barrels are barrels that will be replaced via lower storage volumes elsewhere. Tanker availability delays production shut-in returning by 1-2 months. Total barrels lost = 1+ billion bbls.” I don’t think it’s anything more complicated than that. So the only way to change sentiment is for widespread fuel outages.

Energy fund managers say cheap oil unlikely to return even after Iran war ends theglobeandmail.com/investing/glob…












