![\"\"](\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/03\/ttshirt.jpg\")
<\/p>\n<\/p>\n
<\/p>\n
Premier Jason Kenney defends the \u00a0Canadian Energy Centre<\/a>\u00a0war room to advertise in a targeted way the financial markets in Europe that are under pressure against the oilsands.<\/p>\n \u201cAll the kind of advocacy that we\u2019ve always intended and that the Alberta government has done intermittently in the past.\u201d<\/p>\n So he was dealt a doozy today that arguably creates a major challenge for the war room brain trust.<\/p>\n Canada’s\u00a0oilpatch is bracing for the impact of plunging crude prices after\u00a0OPEC and its allies failed to reach a deal aimed at cutting production as economies slow because\u00a0of the novel coronavirus.<\/em><\/p>\n Prices began sliding after Russia refused to support deeper oil cuts to cope with the outbreak of\u00a0coronavirus and OPEC responded by removing all limits on its own\u00a0production.<\/em><\/p>\n Brent crude, the global oil benchmark price, had its biggest\u00a0daily percentage loss in more than 11 years on Friday,\u00a0down $4.72 US, or 9.4 per cent, to settle at\u00a0 $45.27 US a barrel.\u00a0<\/strong><\/em><\/p>\n By the way, oil production in the U.S., which is not part of OPEC and unlike Russia does not cooperate in its output decisions, has ramped up in recent years, flooding the market and keeping prices down.<\/em><\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Premier Jason Kenney defends the \u00a0Canadian Energy Centre\u00a0war room to advertise in a targeted way the financial markets in Europe that are under pressure against the oilsands. \u201cAll the kind of advocacy that we\u2019ve always intended and that the Alberta government has done intermittently in the past.\u201d So he was dealt a doozy today … Continue reading “Downer”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-12125","post","type-post","status-publish","format-gallery","hentry","category-images","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/12125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12125"}],"version-history":[{"count":10,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/12125\/revisions"}],"predecessor-version":[{"id":17745,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=\/wp\/v2\/posts\/12125\/revisions\/17745"}],"wp:attachment":[{"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allanhardingmackay.ca\/courtpainter\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/03\/jk-300x300.jpg\")
<\/p>\n![\"\"](\"https:\/\/allanhardingmackay.ca\/courtpainter\/wp-content\/uploads\/2020\/03\/Court-Painter-A-Downer.jpg\")
<\/p>\n