What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

Canaii@lemmy.zip · edit-2 5 days ago

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

SaveTheTuaHawk@lemmy.ca · edit-2 3 days ago

So with another boom in Alberta, will they learn for the 12th time to invest in infrastructure and a refinery to secure many long term jobs for the region…?

LOL. nah. They’ll take the money and run, some oxy addicts will get new pickups.

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

‘We Would Be Entering a Completely Different World’