"We can't allow things that are inaccurate to stand." — The Word of Our Dan, February 19, 2008.

Saturday, April 10, 2010

Wishful thinking

Someone in one of the Quebec Daily Newspapers puts on their rose- blue- oil-coloured glasses and editorializes:

Deficits will hang around for a few years in this province until the recovery is complete, but if the oil keeps flowing and prices stay up, paying off the debt should be manageable.
Meanwhile, over in St. John’s, in the province of Newfoundland and Labrador and Reality, Moira Baird reports for the other QDN:

Thirteen years of oil production off Newfoundland and Labrador resembles a small mountain range of peaks and valleys when plotted on a chart.

And as things stretch into the future, the chart looks a bit grim.

The highest oil production peak - which occurred in 2007 to 2008 - is already a memory.
The on-line version of the story has a table, which, in the print edition, ran on the very firstest page of the paper, in the form of this accompanying graphamajig:

[Image captured from the on-line version of The Telegram of today's date.]



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