Price of Oil Goes Up

Find me an energy analyst who says that the price of oil will again fall below $60/barrel, and I’ll show you an idiot analyst. Why is it that with a resource that is a sure bet, we’re expected to subsidize interest in its extraction and sale? The answer is: Lobbying from Big Oil.

The Green Party of Saskatchewan is on the right track. We don’t have to price ourselves out of the business going on now, but while other places in the world will lose their resource within possibly 20 years, it won’t hurt to have a long term investment tucked away in our Saskatchewan soil, for when oil is worth $200/barrel.

Who would oppose making our children richer than, well, todays oil tycoons?