Oil Price War 4.0 Series Part 4 – Canada As Collateral Damage

JWN Energy Group’s Daily Oil Bulletin
30 March 2020

In the first two articles of this series I put forth the thesis that the current oil price war was instigated by Russian President Vladimir Putin with the goal of causing substantial permanent damage to the U.S. shale industry, and the third article discussed three possible wildcards related to my thesis. In this article, the fourth and final one of the series, I discuss the pros and cons of some potential government actions to protect the Canadian oil industry from annihilation, including a joint Canada-U.S. strategy proposed by Alberta Premier Jason Kenney on Friday.

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