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gruffydd

Repo Man Hits Peterborough

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http://www.peterboroughnow.co.uk/ViewArtic...ticleID=1341233

MORE and more people in Peterborough are finding it difficult to cope with mortgage repayments.

http://www.economicsuk.com/blog/000289.html

Shadow MPC in three-way split

NEW OIL RUSH IN CANADA -

CALGARY, Alberta (Reuters) - Canadian oil stocks rose nearly 3 percent on Monday despite a late-session fall in commodity prices as investors sought out companies with operations in Alberta's oil sands.

..............Analysts said Monday's jump came as investors looked to companies with significant operations in the oil sands, estimated to contain oil reserves second only to Saudi Arabia.

"It's been another round of re-evaluating the oil sands," said Martin Molyneaux, an analyst with FirstEnergy Capital Corp. in Calgary. "I think people are looking at how they value reserves and resources. If reserves are proven, (shares) go up, and if they're probable they go up."

Edited by gruffydd

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"The pincer movement of rising unemployment and record levels of personal debt is spelling catastrophe for many hard-working families in this city."

Whilst I don't want to see people lose their homes sometimes people need a dose of reality to wake them up. :(

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http://www.peterboroughnow.co.uk/ViewArtic...ticleID=1341233

MORE and more people in Peterborough are finding it difficult to cope with mortgage repayments.

http://www.economicsuk.com/blog/000289.html

Shadow MPC in three-way split

NEW OIL RUSH IN CANADA -

CALGARY, Alberta (Reuters) - Canadian oil stocks rose nearly 3 percent on Monday despite a late-session fall in commodity prices as investors sought out companies with operations in Alberta's oil sands.

..............Analysts said Monday's jump came as investors looked to companies with significant operations in the oil sands, estimated to contain oil reserves second only to Saudi Arabia.

"It's been another round of re-evaluating the oil sands," said Martin Molyneaux, an analyst with FirstEnergy Capital Corp. in Calgary. "I think people are looking at how they value reserves and resources. If reserves are proven, (shares) go up, and if they're probable they go up."

Falkland Islands have an estimated 60,000,000 bbls. Alaska and NW Territories have reserves that dwarf the entire Middle East. Is it possible that the West is draining the Middle East to resell oil back to them when its all gone at $200bbl?

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Falkland Islands have an estimated 60,000,000 bbls. Alaska and NW Territories have reserves that dwarf the entire Middle East. Is it possible that the West is draining the Middle East to resell oil back to them when its all gone at $200bbl?

If we're using 80mbd then the Falkands will run out at 6pm tonight. As for the tar sands, there was a fascinating thread recently on return on energy; if I remember the numbers, it's about 1:20 for current fields, 1:8 for ones coming into production, falling to 2:3 for tar sands - two barrels of oil's worth of energy in for three barrels out. The contributors to that thread certainly seemed to know their stuff.

If the numbers are right then tar sands is hardly a sustainable future.

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GCS15

People do need to lose their homes. They need to get a grip of

reality. Remember as an individual did you force anyone to to

MEW ? It serves them right.

More bad new please!!!!

It is different this time ??? 1976, 1989, 2006.

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If the numbers are right then tar sands is hardly a sustainable future.

The numbers I've seen for tar sands are better than that, but they're still not good... that's precisely why they hadn't been exploited until the price of oil rose to this level.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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