- This thread should be joined with the "...World Without Oil..." thread so we can watch a bunch of people eat crow.
- This was coming for awhile. The Saudis understand that if the Iranians had one little bundle of E=MC2, they would sooner use it on Riyadh than Tel Aviv.
- Exploration side of the patch is fragile at the moments. Large construction projects past the point of no return are still being worked on.
- The big players see opportunity here. A lot of small and aggressive firms may have been caught between two bases. Some good assets will be on the block, and some good talent as well.
- Nobody likes a slowdown, but... if you had a plan, you can keep your workers and pick up some good people freshly cast adrift. On the other hand, losing workers during a downturn means you might never see them come back. They find a more reliable go, or go back to school, or retire early, or have a kid, etc. etc.
- We need Canadian pipelines to Canadian refineries at tidewater. Dartmouth is slowing down and would be viable if modified for heavy oil.
- Keystone is not our friend. We should refine it where we mine it and export only our surpluses. Probably twenty years too late for that now.