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Yet another Ottawa fiasco: https://canadianviews-ymo.ca/tar-sands-forever-canada-forsaken/
As the Herald points out, in 2017 production shot up by 9% to 2.8 million barrels a day- not bad for a supposedly languishing tar sands. Production is expected to exceed 3 million barrels this year. It could reach 4.8 million by the year 2030, and 5.5 million by 2038.
With Ottawa’s purchase of a club car on the Fossil Fuel Express these benchmarks may prove conservative. As an investor it must promote a stale dated toxic resource.
How can tarsands oil simultaneously be experiencing such huge increases in production, now and into the future, while at the same time being a "dated" resource?
Please let's try not to respond to this clickbait. It's tiresome.
The mods were notified about this a long time ago(including by me), and they explicitly said that they were not going to censure Billyard's clickbaiting. As far as I'm concerned, that's where the matter ended, though I suppose anyone who wants to is free to petition the mods again.