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The Sir Robert Bond Papers: Oil and polls #nlpoli

Two things for Tuesday after a monster snow storm.

Oil:  Brent crude hit a low of $52.50 before rebounding to finish Monday at just below US$55 a barrel.  Newfoundland light, sweet crude trades at Brent prices.

West Texas Intermediate was even lower.  It settled at $43.88 with global production staying high and analysts fearing a . . . → Read More: The Sir Robert Bond Papers: Oil and polls #nlpoli

The Sir Robert Bond Papers: Thinking about the Unthinkable #nlpoli

Only a decade ago, voters turfed Roger Grimes and the Liberals from office as punishment for – among other things – signing a deal to develop a nickel mine even though it was a really good deal.

But leave the oil in the ground rather than pump it out?

Unthinkable. 

That’s curious because leaving . . . → Read More: The Sir Robert Bond Papers: Thinking about the Unthinkable #nlpoli

The Sir Robert Bond Papers: Oil and Democracy #nlpoli #cdnpoli

Michael Ross contends there is a relationship between oil revenues and democracy.  Crudely put:  oil hinders democracy.

First, the oil-impedes-democracy claim is both valid and statistically robust; in other words, oil does hurt democracy. …

Second, the harmful influence of oil is not restricted to the Middle East. …

The third finding is that nonfuel . . . → Read More: The Sir Robert Bond Papers: Oil and Democracy #nlpoli #cdnpoli