CDN$ Decouples from Oil prices

[errolanderson]

Did You Know: Just 23 months ago, April 22, 2020, WTI oil on the New York Merc exchange tested a 138 year low closing @ -$38 per barrel. Oil collapsed that day $40 per barrel in just 20 minutes. Now the Russians talked of $300 oil.

Pick em . . . .

[TOM4CWB]

Did You Know: Just 23 months ago, April 22, 2020, WTI oil on the New York Merc exchange tested a 138 year low closing @ -$38 per barrel. Oil collapsed that day $40 per barrel in just 20 minutes. Now the Russians talked of $300 oil.

Pick em . . . .

A Nickel for your thoughts... we ain't seen nothin yet... we thought there was supply chain issues before...knocking out Belarus, Russia, and the Ukraine... no Fertilizer from China... Air Freight in shambles...

[Retired]

yea that would make the roads into fantastic snow traps when there is 4 ft of powder and wind blows every day
you sure wouldn't get through the second time

Those buggys will spred snow 30 ft if no fence posts to worry about knocking off . I have seen them go through 8 ft drifts and not even slow down, Where does the grader put the snow if not in a windrow to trap blowing snow??

[Guest]

Those buggys will spred snow 30 ft if no fence posts to worry about knocking off . I have seen them go through 8 ft drifts and not even slow down, Where does the grader put the snow if not in a windrow to trap blowing snow??

At 27 mph it’s spread pretty thin
Maybe you’re not old enough to remember Vplows on graders with no wing and roads blown in so bad you couldn’t see the grader

[errolanderson]

Did You Know: Just 23 months ago, April 22, 2020, WTI oil on the New York Merc exchange tested a 138 year low closing @ -$38 per barrel. Oil collapsed that day $40 per barrel in just 20 minutes. Now the Russians talked of $300 oil.

Pick em . . . .

Diesel futures have plunged 19% today . . . .

[furrowtickler]

Diesel futures have plunged 19% today . . . .

Pump prices continue to skyrocket
Hope your prediction of deflation comes very soon , the current inflation is about to wipeout the middle class

[errolanderson]

Pump prices continue to skyrocket
Hope your prediction of deflation comes very soon , the current inflation is about to wipeout the middle class

WTI crude slammed 18% from early morning highs. April crude oil broke $104 per barrel mid-morning.

UAE calling OPEC to open the taps . . . .

[furrowtickler]

Fuel is one thing it’s the cost of everyday items also like food , basic home needs everything is going crazy and was before the Russia /Ukraine thing .

[15444]

Fuel supplier got updated pricing yesterday afternoon, going up 25 cents on next load. Be $2.15 for coloured and $2.30 for clear here.

[furrowtickler]

The perfect storm to usher in electric vehicles......
Problem is the time gap in between is going to devastate the middle class
My daughters paint business costs will double this summer .. they have to drive ... cant ride bicycles to work for her and haul all the paint and ladders . Will make it very tough on young entrepreneurs.

[Guest]

Our allies could be getting their required energy supply from Canada at a reasonable price if Canada hadn't let the current wing nuts into power.


Probably wouldn't have to be talking about the Russia / Ukraine war as Russia wouldn't be as wealthy as the allies have made them .

Not much sense to depend on Russia for your energy requirements then go crying to allies to to help out when shit hits the fan.

And to China for all the rest
Not smart at all

[shtferbrains]

Our allies could be getting their required energy supply from Canada at a reasonable price if Canada hadn't let the current wing nuts into power.


Probably wouldn't have to be talking about the Russia / Ukraine war as Russia wouldn't be as wealthy as the allies have made them .

Not much sense to depend on Russia for your energy requirements then go crying to allies to to help out when shit hits the fan.

If we are being asked to increase production to replace conflict oil but refuse to do so because whe want to reduce out 11/2% of world emissions, does that make us a small unacceptable fringe minority?

[Guest]

Well there is no emissions on Middle East or russian oil
That’s why eastern Canada likes it so much
Comes in scott free

[sumdumguy]

Well there is no emissions on Middle East or russian oil
That’s why eastern Canada likes it so much
Comes in scott free

Tankers fuelled by Unicorn farts.