Saturday, May 21, 2016

Canadian Oil Production

FWIW a report here that some restart efforts are planned for next week. USD/CAD in view.

1 comment:

Bob said...

FWIW report from October 2015, when oil price was lower:

That transient population has little or no connection to the city when working. When laid off, they become unemployment statistics, not in Alberta, but in the provinces of their hometowns. It’s also in those regions, more than Alberta, where the loss of once-large paycheques is most felt, having a ripple effect across the country.