At the height of the most recent oil boom in 2012, WCS went for over US$100 a barrel. Since the last price crash in 2015, it’s hovered near US$50. The price of WCS averaged around US$36.82 a barrel in January. Here’s an assortment of things that are more expensive than C$6.42 — the price of a barrel of Western Canadian Select in Canadian dollars Friday afternoon:
These four items — a barrel of Alberta oil, a six-pack of toilet paper, a novelty"I heart oil and gas" licence plate cover and a medium two-topping pizza — all cost around the same amount.
How will you pay for your pretentious pet projects Liberal eltitsts without oil revenues?
If it costs $10.00 to make a barrel of Canadian oil that's worth only $5.00, who pays for the loss ? I'm dumb and don't understand the math. Can someone explain how Canada can keep on 'producing' oil ?
Apparently a Barrel of Monkeys cost more than a barrel of oil too.
A meal at McDonalds costs more than oil.
How much does it cost to produce one barrel of Canadian oil ? If it cost 20 dollars to produce a product that’s worth $8.00. Who pays for the production loss ?
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