[snakeoil]

A deepening oil market slump is adding fresh pain for producers of the world’s cheapest crude, raising the prospect that more production will be curtailed.

Spot prices for the Western Canadian Select grade fell to $19.81 a barrel on Wednesday, the lowest since tracking began in 2008, according to data compiled by Bloomberg. The benchmark, made up of heavy conventional production and bitumen blended with synthetic crude and condensate, fell with global grades after U.S. gasoline inventories surged the most in 22 years and crude supplies at the American storage hub in Oklahoma climbed to a record

http://davidstockmanscontracorner.com/g ... -81barrel/" onclick="window.open(this.href);return false;

Canadian tar sands oil is to crude oil as the Yugo is to the auto world.

[RealJustme]

fluctuation

[sillydaddy]

We are already burning 10% ethanol in our cars.....how much worse can it get?

[snakeoil]

Now the company that wanted the pipeline is suing the USA for billions of dollars because we canceled the pipeline that would transport oil that no one wants.

http://www.reuters.com/article/us-trans ... JG20160107" onclick="window.open(this.href);return false;

[Grog]

The Chinese wanted it.

[johnforbes]

Grog has taken the crack pipe many a time.

[Grog]

Well, we know the type of pipe Forbes has savored more times than can be counted. :lol:

[johnforbes]

Oil be darned.

That Grog is entirely enmeshed and enveloped and encompassed by gay ideation.

[Grog]

I'm sure that's one of your fetid fantasies. lol

[sillydaddy]

Only Grog would look at a barrel of oil and see a phallic symbol :lol:

Must be easy for you, eh Grog :lol: