Comment: The Alberta NDP were beyond reckless in projecting an average of $68/bbl oil.  The consensus I have been reading in this paper for months has been in the $45-55 range.  Having adopted such an extreme projection, they then built a budget around it.  Too stupid for words.

Two credit downgradings already; another on the way.  Meanwhile the whole gets deeper.  Things are going to get a lot worse before they get better.