Oil Sands Firms Outperform U.S. Shale Producers
Investors have welcomed the renewed optimism in the industry and the higher returns to shareholders Canadian producers have started to offer.
The four largest oil sands producers in Canada have seen their stocks gain 37% in the past 12 months, while the index of the biggest U.S. oil and gas firms has trailed this average gain by 19 percentage points, according to data compiled by The Wall Street Journal.
While oil-sands projects are more capital-intensive and need years to start-up, they can pump crude for years and decades, unlike the shale formations in the U.S.
(Concerning though the precious energy is going to China… recall how Canada’s pipelines to the USA were blocked but somehow Cdn. tax dollars for a outlet to China was wonderful? Smells of cabal - no?).
The Canadian tax payers are footing the bill for the pipeline but as soon as it's finished. It's being sold at a big loss to private interests. It's Cabal for sure. They are taking whatever assets they want right in front of everyone's eyes.
Oil Sands Firms Outperform U.S. Shale Producers Investors have welcomed the renewed optimism in the industry and the higher returns to shareholders Canadian producers have started to offer.
The four largest oil sands producers in Canada have seen their stocks gain 37% in the past 12 months, while the index of the biggest U.S. oil and gas firms has trailed this average gain by 19 percentage points, according to data compiled by The Wall Street Journal.
While oil-sands projects are more capital-intensive and need years to start-up, they can pump crude for years and decades, unlike the shale formations in the U.S.
(Concerning though the precious energy is going to China… recall how Canada’s pipelines to the USA were blocked but somehow Cdn. tax dollars for a outlet to China was wonderful? Smells of cabal - no?).
The Canadian tax payers are footing the bill for the pipeline but as soon as it's finished. It's being sold at a big loss to private interests. It's Cabal for sure. They are taking whatever assets they want right in front of everyone's eyes.
That's because America always goes for the quick buck