A rare occurrence now happening on oil markets might be a huge opportunity for investors who play it right, says Tim Pickering, president and chief investment officer at Auspice Capital Advisors Ltd.Pickering said Canadian crude prices are currently in which means the future price is expected to be lower than the spot price, but every other crude oil market in the world is in contango, meaning the future price is expected to be higher than the spot.long term investors in oil, this is a positive thing because it means they will not lose money as the market rolls over time, he said in a commentary to clients.Pickering, who recently launched CCX, an exchange traded fund that tracks Western Canadian Select, Canada benchmark heavy oil stream, said it is not normal for Canadian oil to be in backwardation when others are in contango, but thinks it comes down to a supply and demand issue.I think that the market sentiment is also weighing in here, he said. Are many unknowns in Alberta and they may not be positive for Alberta. As such, investments are in question and the curve is reflecting less demand/or more supply going forward..
The South Haven PTA held its November meeting Thursday, Nov. In the high school auditorium. Mrs. In that vein, Moss has chosen to open the main stage season in November with What a Young Wife Ought to Know, by Canadian playwrighting dynamo, Hannah Moscovitch. Directed by Marianne Copithorne, the play is inspired by the true stories of young women during the birth control movement in the early 20th century. It a love story, but also has bits that have led to seven recorded incidents of patrons fainting in the theatre..
Indeed, the Lakers’ recent games effectively have been tribute evenings for Bryant, with opponents shaking his hand and lining up for turns to guard a player who profoundly inspired most of the current NBA. Olympic teammate. “He has been great for maybe 19 out of 20 years.
Let me put it this way: the goal of going to the moon by 1970 forced design compromises on NASA. The objective of putting a man on the moon and bringing him back would be achieved using the lightest lunar lander conceivable one so flimsily built that, on one occasion, an engineer working in the cabin of one of the LEMs dropped a screwdriver point down and it punched right through the spacecraft’s skin. The LEM weighed under 15 tons, fully fuelled; the ascent stage, in which the crew were to live until they returned to dock with the command module, weighed barely 2000 kilograms (plus crew and 2350Kg of fuel)..