Today’s column in The StarPhoenix Former CIBC economist Jeff Rubin was one of the first to say that oil would hit $100 a barrel, back when it was around $20. Now he is suggesting it could go to $200 in the next short while unless there’s another global recession. While many call for more drilling [...]
Strategic Petroleum Reserve
The bumpy road to the future goes through Saskatoon
Barack Obama is said to be thinking about tapping the United States Strategic Petroleum Reserve. For those of you who have have never heard of the Strategic Petroleum Reserve, here is Wikipedia The US SPR is the largest emergency supply in the world with the current capacity to hold up to 727 million barrels (115,600,000 [...]
