JWN Energy Group’s Daily Oil Bulletin
27 November 2017
Alberta needs to get its financial house in order. If we don’t, we will lose our Alberta Advantage at a minimum. There are two extreme models for the use of oil wealth by major oil exporting countries — Norway on the positive side and Venezuela on the negative one. Unfortunately, the model we’ve been following since Peter Lougheed stepped down as premier in 1985 has tended to be more like the Venezuela one.