[jethunter]

Originally Posted by 79ford

Iraq sets new oil production records every month... who knows who will be in power over there? Oil fields get bombed or captured by isis? Nationalized to pay for war?

Bottom line is the oil is economical and the companies are making money. Money matters, not politics.

High services costs in alberta kill off economics here, the royalties are dirt cheap so it definitely isnt the government hindering developement these days.... oil is just too expensive to get out of the ground with the high cost of services required to get the oil moving.

Duh.