Economists and analysts have been trying to find historical comparisons to the lengthy oil price downturn that began 21 months ago. As bad as 1998? 1985? Or even the 1890s? Regardless, the dual impact of oil and natural gas prices falling by more than 50% since late 2014 has led to a severe contraction in […]
An economist, a business school professor and a physicist walked into a bar. They ordered a round of drinks. The bartender smiled and asked, “Is this like a three-guys-walked-into-a-bar joke?”
Economists and analysts have been trying to find historical comparisons to the lengthy oil price downturn that began 21 months ago. As bad as 1998? 1985? Or even the 1890s? Regardless, the dual impact of oil and natural gas prices falling by more than 50% since late 2014 has led to a severe contraction in […]
Source: www.Dreamstime.com © Hansenn “Why do Quebec and Atlantic Canada buy their oil from Iraq and Saudi Arabia?” asked Brian, an unsettled friend of mine who works in the oil patch. “Alberta should be serving our own national interest,” he said with patriotic conviction.
