The news that will probably affect me the most is from Alberta.
https://www.cbc.ca/news/business/notley-oil-cuts-1.4929489
With a month to go before the regulations take effect, the response of the market, energy companies, investors and U.S. refiners in the coming weeks will be telling. There will also be hope that job cuts don’t come.
Western Canadian Select, or WCS, has been trading at a discount of more than $40 a barrel to the U.S. oil price benchmark, WTI
Why Canadian Oil Stocks Are Soaring Today
The government of Alberta is taking extraordinary measures to boost regional oil prices.
My position is to keep the oil and invest in oil refineries, mfg and sell the value added products.
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