Analysis: NAFTA Is Dead — Act Accordingly

      BY VINCENT LAUERMAN – OCT. 23, 2017   “’Tis he who fight and run away. Live to fight another day.” Lyric from song “The Heathen” Bob Marley, TIME magazine’s most influential artist of the second half of the 20th century The North American Free Trade Agreement (NAFTA) is dead. Unreasonable demands by U.S. trade negotiators, obviously at the behest of President Donald Trump, recently put the final nails in its coffin. The Trudeau government now has a choice. It can accept this reality and make the best of a bad situation or it can fight the inevitable and risk a Trump trade tantrum. The latter would likely have a far greater negative impact on the Canadian economy, and our oil and gas industry as well. President Trump has made it abundantly clear that he wants to ‘tear up’ the NAFTA treaty with Canada and Mexico, on the campaign trail and since … Continue reading

This Unique Oil Stock is Offering A Huge Dividend Yield

This Unique Oil Stock is Offering A Huge Dividend Yield By Justin Spittler One of Casey Research’s biggest calls this year is paying off… In early August, E.B. Tucker, editor of The Casey Report, told subscribers how to profit from the world’s oversupply of oil. If you read financial newspapers for more than a week, you’ll notice that global oil production is near record highs. Last year, global oil output reached its highest level in at least twenty-five years, according to the U.S. Energy Information Administration (EIA). High oil prices were a big reason for the surge in production. Between 2011 and mid-2014, the price of oil hovered around $90/barrel. But oil peaked at $106 last June, and it’s been falling ever since. Today, a barrel of oil goes for about $45. Even though the price of oil has been cut in half, global oil production is still near all-time … Continue reading