Why Canada’s Oil Industry May Never Be The Same
by David Yager via OilPrice.com,
ZeroHedge.com
04/29/2016
It is increasingly certain that the future will not be like the past. Previous downturns have been equally devastating but the primary causes eventually reversed themselves; low commodity prices recovered and damaging government policies were rescinded. This recovery will be different for a variety of reasons which will combine to cap growth, opportunity and profits, even if oil and gas prices spike. The following major changes appear permanent…
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