Friday, July 13, 2007

Weekend Open Thread...

  • Looks like the Chinese are finding the Alberta oil sands not so compelling after all. How could that be....the world is running out of oil and Alberta is the last glimmer of hope. No wait, Petro China will be doing business with Venezuela instead. I suppose Venezuela does not have to pay $50/hour for unskilled workers. Will others follow? How much of an investment does this reflect?
  • Former Edmonton mayor Bill Smith is aghast at Globe and Mail comment that compared Edmonton's culture to bitumen pit. Does anyone seriously disagree with this other than the usual Edmonton Journal Cheerleaders?
  • Loonie is still rising. Will we reach parity this summer?
  • Have a good weekend everyone and try to stay cool.
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