>Oil market is already flooded >Obama releases sanctions

nothing of value was lost

Wow what a coincidence, Harper isn't PM anymore and America treats us like shit again.

>Germany is ded
>Southern Europe is ded
>Europe is ded
>Japan is ded
>China is ded
>Latin America is ded
2bh the world is ded

>>53801312

Saudi Arabia is the one doing this.

>>53801168
Nothing against Canada but USA shouldn't be the only country taking hits from economically rekting the living shit out of those aggressive Ruskies. Its """allies""" should pull their weight for once.

>>53801340
>Germany is ded
yep
>Southern Europe is ded
Cheap oil is fucking good for us. We are going to grow 0.5% more this year for the effect of cheap oil alone.
>Japan is ded
True
>China is ded
Just shifting focus from exports to internal demand. If anything, the Chinese are living better than ever.
>Latin America is ded
Mostly Brazil and specially Venezuela. The rest are just ok

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>>53801168
>the barrel to hold the oil costs more than the oil itself
make it stop, please

>>53801312
wtf are you on about
obama hated harper. this is well known. there's a reason that pipelines were always delayed, cancelled, or vetoes, and trade deals always fucked us. you'd have to be a special kind of stupid not to see that obama wanted to see harper publicly humiliated.

>>53801470
meh, there are lots of changes going now on right now and the whole world is feeling it, something really bad is going to happen soon 2bh

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ISIS has destroyed Canada.

>>53801530
I don't think you could've elected a worse person for canadian-american relations 2bh

>>53801541
>really bad
For the world? Nah. But I can get why Brazil is feeling pessimistic

>>53801636
Are you talking about Harper or Weedman

>>53801659
Current year man

>>53801706
Obama and Refugee man aren't too disimilar, both ultra PC and want to flood the country with as many "Syrians" as possible

>north america
>europe

The Oceanic empire will rise in our lifetimes

>>53801773
It literally won't

>>53801746
Obama is going to be gone soon. Besides, regardless of similar goals, weedman doesn't seem too interested in cooperation

>>53801646
2bh, I am more worried about Europe than here 2bh. Sure Southern Europe is somewhat isolated from the rest of Europe, but you guys are probably going to feel the shock sooner than us. Germany importing syrians like there is no tomorrow is probably gonna hit Europe hard as fuck, when the Germans finally feel what they are really up to. Latin America is really culturally homogenous despite its size, it's mostly thanks to you guys giving us a strong latin culture and also because we kinda are isolated from the rest of the world. Economy sure brings up some problems, but money is something you can resolve sooner or later, cultural problems is something you can't, because it is something with little to no change. And since Germany and other EU countries are trying to erase what means being German, people are probably going to get insane when they see what makes their lives enjoyable slowly fading away

Good.

>>53802014
How did you escape the oven?

>>53801917
boohoo all that because some sluts got raped at new years eve

>>53802068
How did you escape the rake?

>>53801168
>Obama released sanctions

You mean the P5+Germany did.

Also, America produces way more oil than Canada and our's is way more expensive so we are way more fucked.

Economics as we know it is ded. China had the explosive growth that drove the world, but they had to stop eventually. We'll survive, but constant growth? Ded.

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>>53802136
Your mom blew me, no rake involved. pic related your mom

>>53802220
embarrassing... pls stop posting now.

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>>53801168
There's a flaw in your logic.

>>53802255
You can't make me, Kevin

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>>53801746
>Australian shitposting has gone so far they can no longer differentiate memes from reality

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>>53802268
This does not at all look legit lmao.

>>53801168
>being Albertan
lmao

I recall just a year and a half ago, pseudo-Americans living in Alberta boasting without a sliver of self-awareness that they're going to retire by the age of 45 here.

>>53801168
DUDE WEED

>>53802438
LMAOOOOOO

RIP Canada
We'll always remember Coffee Crisp, eh.

>>53801529
hello reddit

>>53802411
I'm from Alberta and I never heard anyone say that irl. You're full of shit, probably an Ontarian.

>>53801529

nice try, OPEC

I for one say we replace mexico and export all our LMAO to the states when current year man legalizes the DUDE. Nationalized cartel NOW!

>>53801168
Michigan selling gas for 46 cents a gallon

Ayyy

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>>53802518
>Western Canadians will NEVER EVER stop being assblasted at Ontario

>>53802565
Really?

Source.

It's $2.30 here in DC and $1.98 in Virginia.

>>53802512
;)

>>53802611
That image cracked me up, thanks Steve

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Some oil companies need to pay traders to take their oil away. Literally selling at a loss. You've never seen things this bad before.

>>53801238
Underrated

I'm planning a trip to Montréal in a month but putting off buying train tickets because the exchange rate is just going to fall even more.

>>53802671
Some of us here remember the 90's and early 2000's snownigger

>>53802723
Depends on US growth rate and inflation. If they are low say bye bye to dollar appreciation and the bottom in the oil market.

I'd buy them now. Tickets are cheaper the earlier you buy them as well.

Oil bottomed today.

>>53802620
http://money.cnn.com/2016/01/18/investing/gas-prices-46-cents-michigan/


http://www.bloomberg.com/news/articles/2016-01-18/the-north-dakota-crude-oil-that-s-worth-less-than-nothing

>>53802782
The first source is not realistic. They raised the prices back to $1.20.

But I guess it did sell for that much. Still it's like a coupon.

The second is not relevant.

>>53802766
Problem is, I need to confirm some friends can come, and I'm also waiting on my paycheck the end of this week (I like to keep my accounts above a certain amount of money). So I'll just have to cross my fingers and hope it's still good by Friday.

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You won, Quebec.

You wanted to see Alberta burn, well it's burning.

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HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

I love it. Maybe you fuckboys will stop bragging about your shitty socialist policies when dem natural resources aint keeping your economy afloat anymore. Oh and there's also the added bonus that I can drive as much as I want without breaking the bank :^) Only ones I feel bad for are Albertans, because they're kinda like the Texas of Canada.

>>53802942
Keep crying fuckboy.

>>53803051
Our economies are the same you idiot

>>53803083
You are dumb

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>oil will fall below $20
>Saudi's didn't anticipate the dropping of oil sanctions on Iran so fast so they weren't able to counter fall to levels even they don't want
>OPEC has lost almost all it's political power in the space of 12 months and won't recover it for many years
>A bunch of shitty countries like Russia and Venezuela are getting BTFO in the process
Thank you based shale.

Whatever.


There will come a time when Canada will become Saudi tier rich when the rest of the world is begging us for water

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>>53803538
>Implying in that dystopian future we won't be invaded by the US
>Implying we wouldn't dump all our uranium into the water dooming everyone

>>53803051
l o l your resource economy is currently being fucked by the Chinese slowdown. Keep laughing, Keith.

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>Canadian posters

who cares

the oil could be given out for FREE to us and our fucking gas prices would still be just as high with fucking 100% of the price being tax

FUCK
THIS
FUCKING
TAX HELL
FUCK

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>>53803663
NEVER!

Do Americans hate us so much because we make a better version of them?

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>>53803735
>>53803786
>Canadians

Pathetic

>>53803786
DUDE

>>53803786
We would be laughing at them if they were in the shitter as well.


but tBh it's just a few really butthurt dweebs that unironically hate us

>>53803786
nah m8, I love Canadians. I'm even dating one right now.

>>53802255
>when a cuck doesn't faithfully defend a fellow leaf

Ok, kill yourself

>>53803727
oil is evil

>>53803786
It's just banter m8

>>53801470
The Chinese is a ticking economic time bomb.they keep Applying band aids each time a leak pop ups in their economy . But it's really only a matter of time before they run out of band aids and sink along markets they have pumped into like Australia and canada

>>53803865
If anyone has to steal our women, I'm glad it's an American, hell you can even come over to my house and fuck my sister!

We don't want you spreading your weed shit here, leafman.

>>53803998
>Canacucks

>>53803998
>hell you can even come over to my house and fuck my sister!


Can I? I'm probably much closer

>>53803998
If you live in BC I'll be there in a couple hours, my friend!

>>53803998
If my gf cheated on me with an American I would forgive her. It wouldn't be her fault.

>>53801168
>oil market
Dont look at us...

>>53804106

It's your fault desu.

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>>53803998

I already am

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>>53802611
>Territories are jawas

>>53803786
It's banter.

That said, I wouldn't ever want a government like the one you have now.

is canada's oil industry big? south korea's economic growth rate is still higher in the oecd. but our main trade partner countries don't buy our shit these days. cause their economy is falling.

>>53803500
You forgot

>OPEC has gone through this 5 times now and survived, and they still have the same control because of their market share
>Russia and Venezuela are now likelier to do crazy shit
>that same fracking is getting ABSOLUTELY FUCKED by low oil

t. Texan

>>53804191
>is canada's oil industry big?

Does North Korea dislike South Korea?

There is your answer

I must say, I'm no fan of Obama, and I'm not sure how much credit he rightfully deserves, but he's managed to make our economy pretty solid while everyone else seems to be in JUST mode right now. Feels good.

>>53803988
Just gotta say it enough and it'll happen am I right?

http://www.businessinsider.com.au/here-comes-china-gdp-2016-1

>>53804136
Good man. All I ask in return is free passage to your capitalist heaven, you can fuck her as much as you want then.

>>53804191
Your growth is based upon your trade partners senpai.

They decided to stop buying your shit and instead buy their own.

Also SK refines a lot of oil and therefore it has been hit really hard by oil's crash.

>>53802411
>Albertans
>actually working ANYWHERE in the oil field.

Dude, the biggest city in Newfoundland is Fort Mack. Alberta also imports maritimers like fucking crazy.

>>53804231
Obama had less to do with it than Congress, you know, the people who make the spending bills and design our economy.
They were Republican the last 6 years.

It depends on what you mean by JUST mode.

Europe is doing better than usual at 1.6% growth.
Japan is Japan at .2% growth.
China just grew 6.9% in 2015.
America grew 2.2%.