Canada has a secret weapon in the war to crush Saudi Arabia for market share: Clean oil


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For 15 months now, Saudi Arabia’s 81-year-old celebrity oil minister, Ali al-Naimi, has taken on the role of the global oil market’s top disruptor and been a thorn in the side of emerging competitors such as Canada.

http://business.financialpost.com/news/energy/canada-has-a-secret-weapon-in-the-war-to-crush-saudi-arabia-for-market-share-clean-oil?__lsa=fea9-864e

Suicide, Crime, Unemployment And Poverty All Soar As The Economic Crisis In Alberta Accelerates


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The nightmare that is currently unfolding up in Canada will soon be coming to the United States. When the price of oil first started crashing, most Americans and most Canadians applauded. Most people thought that lower gas prices would be really good for the economy. Well, it turns out that the exact opposite is true. Just like in the United States, the energy industry has been the primary engine for the growth of good paying jobs in Canada since the last recession. Up in Alberta, there was such a need for oil patch workers that even someone that had just recently graduated from high school could find an oil patch job that paid six figures during the boom times. Now the “boom” is turning into a “bust”, and huge numbers of those good paying jobs are being lost. As a result, suicide, crime, unemployment and poverty are all skyrocketing, and the mainstream media is telling us that “the worst is yet to come“.

It saddens me to watch what is happening to Alberta, because I have family up there. Whenever I have visited Alberta, I have been very impressed by how clean and orderly the communities are and by how very polite most people seem to be. As Americans, there is much that we could learn from our neighbors to the north.

But now that the oil bubble has burst, things are changing up in Alberta very rapidly. The following comes from a recent Bloomberg article

http://endoftheamericandream.com/archives/suicide-crime-unemployment-and-poverty-all-soar-as-the-economic-crisis-in-alberta-accelerates

SUICIDE, CRIME, UNEMPLOYMENT AND POVERTY ALL SOAR AS THE ECONOMIC CRISIS IN ALBERTA ACCELERATES


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When the price of oil first started crashing, most Americans and most Canadians applauded. Most people thought that lower gas prices would be really good for the economy. Well, it turns out that the exact opposite is true. Just like in the United States, the energy industry has been the primary engine for the growth of good paying jobs in Canada since the last recession. Up in Alberta, there was such a need for oil patch workers that even someone that had just recently graduated from high school could find an oil patch job that paid six figures during the boom times. Now the “boom” is turning into a “bust”, and huge numbers of those good paying jobs are being lost. As a result, suicide, crime, unemployment and poverty are all skyrocketing, and the mainstream media is telling us that “the worst is yet to come“.

Suicide, Crime, Unemployment And Poverty All Soar As The Economic Crisis In Alberta Accelerates