Interview of the Week

Josef Schachter on Booming Oil Production & Tight Oil Opportunities

Booming production levels worldwide suggests oil should be getting cheaper. Instead we’re approaching multi-year highs in the face of strained US-Iran relations, Middle east tensions and Russian posturing. Money Talks favourite energy analyst Josef Schachter untangles the web, updates on positions in profit recommended already and lays out where the future action is going to be. 

 

Schematic cross-section of general types of oil and gas resources and the orientations of production wells used in hydraulic fracturing

The Plane Lands & You Get To Sit on the Tarmac for An Extra Hour

23:07 -25:27 –  Over 800 customs officers have been relocated to Quebec because of the growing influx of asylum seekers. That means travellers to Toronto’s Pearson Airport are going to wait an hour and more to go through customs because of the shortage. 

image

Can We All Pick and Choose What Laws to Ignore?

There are lots of legal ways to protest the Kinder Morgan pipeline expansion but some politicians are chosing to go a step further and break law’s but where do we end up when an increasing section of society decides to pick and chose the laws they’ll obey?

hands-clenched-fists-breaking-bonds-260nw-1029884032

The Fringes Are Dominating Political Debate

03:49 -05:11 –  Arthur Brooks, head of the American Enterprise Institute, warns that increasingly fringe elements are dominating our political discourse at the expense of the rest of us. 

 

main-qimg-1e5ce55e3e74aa65c9b93f089f180a13

The Death of the Pension

Un-funded pension liabilities are one of the most under reported stories in the Western World. The reality? Many people expecting to access private and public pension in retirement are in for a shock.

pension3

test-php-789