Canadian urge to produce expensive oil reminds us why world prices have hit a ceiling

By Don Pittis, CBC News, July 13, 2016 

Tuesday’s $2 jump in the price of oil doesn’t necessarily spell a return to glory days in the oilsands

Despite Tuesday’s sharp rise in the price of oil, new evidence this week provides a reminder that wishing for a return to the boom that propelled the glory days of the Canadian energy sector is not going to make it so.

What matters is the race between supply and demand.

Read full article here…

By Kindersley Social

The Latest News and Events From Kindersley Saskatchewan. Submit your news tips to news@kindersleysocial.ca/webarchive and we may feature it in an article!