As Canadian energy stocks are finally seeing a bit of a push, and demand for Canadian commodities looks set to rise, juniors are confident that economics will ensure that Canadian oil—the cheapest in the world—will find its way to more markets, with or without Washington’s approval of Keystone XL. In the meantime, some sweet spots in the Western Canada Sedimentary Basin, like the Montney shale formation—are showing promise as gas turns into oil for the bigger players, while the juniors are hoping to piggyback on this new success.
In an exclusive interview with Colin Soares, the CEO of High North Resources we discuss:
How Libya and Warren Buffett boosted Canadian energy stocks
Why we can expect stronger demand for Canadian commodities
Why simple economics favors Canada’s cheap crude
Why Canadian juniors are banking on $70 oil
Why oil price volatility will haunt us
Why we shouldn’t expect a big change in Canadian crude price differentials just yet
Why Washington’s approval of Keystone XL isn’t as critical as before
What we can expect from all the hush-hush over the Western Canadian Sedimentary Basin
How the key for juniors in the Montney shale is to piggyback off the shift from gas to oil exploration
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