Canada has a housing bubble in certain cities. Oil prices are hurting three of ten provinces. Debt is expanding and economic growth has been weak.

The Peak Oil argument refuses to die. Today it has morphed into the Peak Conventional Oil argument. There are parts of the argument I agree with such as any finite resource will eventually run out, either due to regulation or over production, however, this is not what is happening right now.    Humans are pessimistic […]

The reason oil companies have gone bankrupt over the past few years is not due to “historically low oil and natural gas prices” as stated in this article. Here is a long term inflation adjusted price chart: MacroTrends Does the current price look historically low on an inflation adjusted basis? Here is the chart not adjusted […]