Well it was only a matter of time before somebody totalled up the damage from the plunging price of oil.Added it to Stephen Harper's reckless decision to spend billions trying to buy votes.And concluded that the Con regime's mighty surplus has just about vanished. Read more »
Continue readingTag: oil prices
Montreal Simon: Stephen Harper and the Oily Road to Disaster
He was warned, but Stephen Harper wouldn't listen. Warned that he should not put so many economic eggs in one oily basket.He was warned that the future would be green, or there would be no future. So it made no sense to turn us into a tarry petro state, and even
Continue readingAlberta Diary: Alberta’s big problem is the same as Russia’s – so what’s Stephen Harper doing about it?
Keep those wells a-pumpin! Keep those oil prices low! Squeeze those Russkies! Uh … just a minute. … isn’t that bad for Alberta’s many varieties of Conservative? Below: Russian President Vladimir Putin, Canadian Prime Minister Stephen Harper, and Mr. Harper’s hero, Margaret Thatcher. The Globe and Mail, tireless cheerleader for
Continue readingAlberta Diary: Postponing the Day of Reckoning, Alberta-style
Alberta Premier Alison Redford beseeches the Almighty for higher petroleum prices as Wildrose Finance Critic Rob Anderson looks on. Actual Alberta politicians may not be exactly as illustrated. Below: Social democratic men of God J.S. Woodsworth (Methodist), Tommy Douglas (Baptist) and Stanley Knowles (United). So what’s with the Redford Government’s
Continue readingcalgaryliberal.com: Bite the Bullet, Redford
You know that State of the Province address that Ms. Allison Redford made tonight? About the “bitumen bubble”? A party and a government can only be coy for so long. Either you raise taxes or cut services to millions of Albertans. Or both. You can’t make a balanced budget exist
Continue readingThe Sir Robert Bond Papers: That would be so cool… #nlpoli
All that stuff about peak oil, oil shortages and ever increasing oil prices? You know, the sort of stuff that some people claim justifies Muskrat Falls. Yeah, well maybe they spoke a wee bit too soon. A new study by the Belfer Center at the John F. Kennedy School of
Continue readingThe Sir Robert Bond Papers: More to it than oil prices #nlpoli
Politicians spent a few hours this week harrumphing about the impact falling oil prices might have on the provincial budget this year. The problem for the provincial government is not whether they got the price of oil right in their budget. They’ve been underestimating for years. This year might be
Continue readingThe Sir Robert Bond Papers: Premature Budget Panic #nlpoli
Premier Kathy Dunderdale didn’t bring up crude oil prices at a scrum after her speech to the offshore industry association. Reporters did. [Link: CBC story and scrum video] No harm. No foul. That’s the way these things work. She accepted the way the reporters framed questions and went into her
Continue readingThe Disaffected Lib: Gas Prices Soaring? Care to Speculate Why?
An eye-opening analysis from McClatchey Newspapers. As in Canada, American pump prices are soaring. Republican candidates are jumping aboard to blame Obama. But the newspaper points out to two facts that point to the real culprit. Fact one – Americans’ demand for gasoline is trending downward. Fact two – so
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