19 'The bill for spills': U.S. proposes tax on oilsands that could cost Canadian producers US$665M over ten years (nationalpost.com) posted 3 years ago by RightOfSask 3 years ago by RightOfSask +19 / -0 7 comments share 7 comments share save hide report block hide replies
Dick move. Dick fucking move. Poor Alberta.
yawn.....Suncor's stock's been going up daily.
The Canadian O&G industry. Something is wrong here. While the US proposes taxes on oil sands and cancels pipelines the share prices of US oil majors are hitting 52 week highs. Does the market sense things are ok for O&G in the US?
Oil isn't just a local market. OPEC members cut their rates for a second time this year, thus the price is going up.