For US citizens, this eliminates the once - comforting notion that we could solidly depend on our «friendly neighbor to the north» to keep
the cheap oil flowing to us.
Although the 1970s «back - to - the - land» movement (which coincided with historic energy crises) largely fizzled, perhaps due to
cheap oil flowing from the North Sea and Alaska during the 1980s and 1990s, we may be on the cusp of similar, more widespread, and possibly more desperate trends today.
Not exact matches
But then disparate threads come together under its pleasant facade to form a sharply incisive zinger that condemns the American people for, sweet and nice as they may be, being perfectly willing to be manipulated by their leaders and their entertainers as long as the
flow of
cheap oil and useless consumer products continues.
Because most MLPs pay out cash
flows from depleting
oil and gas reserves that need to be replaced with new wells, these companies need continued access to
cheap capital just to sustain their dividends.