Crude Collapse / Stock Washout / Deflation / Real Estate Fallout

[Oliver88]

Calgary Herald Today: The Great American Conspiracy to Sabotage Canadian Oil.

The treasonous Canadian radical environmentalists who oppose pipelines and fracking are very helpful to sabotage Canada.

[ajl]

I agree Errol... still blows my mind that anyone thinks there just isn't quite enough cheap credit floating around out there to keep the economy "stimulated". At some point you gotta pull the life support and see if the thing can actually survive on it's own...

I think most know that the patient will not survive without stimulus for very long, but the stimulus will eventually kill the patient as well. Screwed either way.

[AlbertaFarmer5]

The treasonous Canadian radical environmentalists who oppose pipelines and fracking are very helpful to sabotage Canada.

And if one follows the money to see where their funding comes from, it explains a lot.

[errolanderson]

Shanghia SSE Composite Index decline

December loss. 9 percent
Entire 2018 loss. 28 percent

Signs of further manufacturing slowdown in China pressuring day 1 of new year global equity and commodity markets. Rocky start to 2019. . . . .

[ajl]

Shanghia SSE Composite Index decline

December loss. 9 percent
Entire 2018 loss. 28 percent

Signs of further manufacturing slowdown in China pressuring day 1 of new year global equity and commodity markets. Rocky start to 2019. . . . .

This is the BIG news story of today. China is in recession. What is the value of Canadian real estate now? Look out below.

[errolanderson]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

[sumdumguy]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

Sask Energy must be making a killing with natural gas in the shitter. Hope they are locking in for a decade or more.

[bucket]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

And yet fertilizer keeps moving up....go figure

[helmsdale]

A side-bar of markets . . . but natural gas prices are again in-collapse. Feb nat gas has plunged from a recent high of $4.80 per gigajoule to $2.90 per gig, a 40% collapse.

Suffield spot (AECO) in southern Alberta broke from a recent high near $2.80 per gig to below $1.50, a near 50% washout. Not good news for Medicine Hat housing market.

Entire fields are being shut in here. Compressor's, and everything are being chopped for salvage.

[brs]

Sumdumguy

I was ready a sask energy bill a couple months ago and it said gas prices being reduced to reflect prices. Then they raise the transportation costs to make the bill the same. They r just preparing for the future. Seems to me saskpower bill is getting more and more every couple months. Utilities alone take quite a chunk every month.