Quote:
Originally Posted by 209x50
That doesn't matter in the slightest, OPEC and Wall Street control the price of oil and it has nothing to do with how much demand there is.
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totally agree....why do you think OPEC is paying demurrage on all the oil sitting in tankers offshore right now....they're not waiting out there for the price to go down further.....I was talking about the companies that operate here in Alberta...no international stuff....just trying to make a buck.....BTW.....EVERYONE in Calgary was stupified by the price going to 145 last summer.....no reason for it....also my first reply was about services....had nothing to do with current prices on WTI....by the way....have any idea how much Alberta oil qualifies for the prices you see posted everday???????????