FOUR MORE YEARS WITH BARRACK

Well, for years its been a known fact that if the U.S. economy as much as had a minor cough, it would mean the flu bug had hit Canada. So what of this election, now that Obama is basically in power for another four years. How does this impact whether or not pipelines or tar sands continue or face some delays because of the unknown? Well, when we think about it, the oil industry has always faced ups and downs and right about now as we find ourselves in the dead of winter here in Alberta, there is always concern how politics plays a part to move the industry up the ladder or down. And the economy is still quite stable, although some things are not as great as hoped such as the recent harvest for farmers. Likewise, a few buddies of mine working as hot shot drivers are finding the going a little slow, Big Oil has decided to play it safe and companies like Petro Canada have put major projects on holds. Some others are simply in limbo indefinitely or right-out cancelled. But Albertans are resilient and tolerant, knowing full well that eventually the oil starts to flow, power brokers will
 (hopefully) make the right deals and rigs will start to move about. As for major pipelines, if they cannot move south or north, there is always the prospect of moving east. One way or another, the oil will flow, gasoline prices have dropped and the
bearded man will soon begin singing Christmas tunes. The cycle continues, even with some major changes, and the big boys keep reminding everyone to look at the big picture. See what the major players are doing. And they are doing much the same, trying to balance the books, make a profit and pick up a new account...and its not easy and nobody ever said that it was. But Obama is in office, possibly he will create a little excitement in how he decides to deal with us Canadians on the snowy side of the border.  We shall see!!! Goodnight America and remember. we were and continue to be your cousins, if you want to see it that way....