{"id":2607,"date":"2014-12-07T16:48:06","date_gmt":"2014-12-07T21:48:06","guid":{"rendered":"http:\/\/olduvai.ca\/?p=2607"},"modified":"2014-12-07T16:48:06","modified_gmt":"2014-12-07T21:48:06","slug":"we-forget-all-too-fast-just-how-quickly-it-can-hit-the-fan-zero-hedge","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=2607","title":{"rendered":"We Forget All Too Fast Just How Quickly It Can Hit The Fan | Zero Hedge"},"content":{"rendered":"<p><a href=\"http:\/\/www.zerohedge.com\/news\/2014-12-07\/we-forget-all-too-fast-just-how-quickly-it-can-hit-fan\">We Forget All Too Fast Just How Quickly It Can Hit The Fan | Zero Hedge<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\"><a style=\"text-decoration: underline; color: #000000;\" href=\"http:\/\/markstcyr.com\/2014\/12\/06\/we-forget-all-too-fast-just-how-quickly-it-can-hit-the-fan\/\"><em>Via Mark St.Cyr<\/em><\/a>,<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\"><strong>Currently there is probably no other great divide in opinions than the current state of oil and all it entails.\u00a0<\/strong><em>(well maybe gold but that\u2019s for another column)<\/em><\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">I believe there\u2019s not only two sides to this story but there is also a very legitimate concern for the two-sided sword that can be wielded \u2013 by both sides. And again, in my opinion, both have very valid reasons for optimism as well as concern. I don\u2019t believe they are mutually exclusive.<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">Today we have what many would call an oil boon in not only the U.S. but Canada as well.\u00a0<strong>Together the current debate falls along two fronts<\/strong>.<\/p>\n<blockquote style=\"position: relative; font-style: italic; padding: 1em !important; margin: 1em !important 2em !important 1em !important 2em !important;\">\n<div class=\"quote_start\" style=\"border-left-width: 1px; border-left-style: solid; border-left-color: #e9eff3; border-top-width: 1px; border-top-style: solid; border-top-color: #e9eff3; bottom: 3em; left: 0px; min-height: 2em; position: absolute; top: 0px; width: 116px;\"><\/div>\n<div class=\"quote_end\" style=\"border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #e9eff3; border-right-width: 1px; border-right-style: solid; border-right-color: #e9eff3; bottom: 0px; position: absolute; right: 0px; top: 2.3em; width: 116px;\"><\/div>\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\">First:<strong>\u00a0Is there really as much there as they believe there is?<\/strong><\/p>\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\">\n<p style=\"width: inherit !important; display: block; margin: 0px !important;\">And second:\u00a0<strong>If so can it be extracted at a price bearable to both producers as well as consumers?<\/strong><\/p>\n<\/blockquote>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">There seems a real split right down the middle and both sides make very good arguments. Who\u2019s right and who\u2019s wrong is yet to be seen. However, what does not need to be borne out any longer is the fact that the OPEC cartel believes there\u2019s a real cause for concern. And that is a very positive byproduct to come forth from this whole debate.<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We Forget All Too Fast Just How Quickly It Can Hit The Fan | Zero Hedge. &nbsp; Via Mark St.Cyr, Currently there is probably no other great divide in opinions than the current state of oil and all it entails.\u00a0(well maybe gold but that\u2019s for another column) I believe there\u2019s not only two sides to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1642,588,592,600,723,781],"class_list":["post-2607","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bitumen","tag-oil","tag-oil-price","tag-opec","tag-shale-oil","tag-tar-sands"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2607"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2607\/revisions"}],"predecessor-version":[{"id":2608,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2607\/revisions\/2608"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}