Brace for a bumpy ride, Canada and Alberta, says Stanford expert Terry Lynn Karl. Canada and global oil image via shutterstock . Reproduced on Resilience.org with permission. What do the plummeting oil prices tell us not only about our near term economic future in Canada, but the political fragility of the world’s petro states? If Canada fully joins the petro state club, as our prime minister and his party desire, is oil’s volatility just the cost of doing business, or a threat to our nation’s well-being? The ideal person to ask is Terry Lynn Karl, one of North America’s foremost experts on the politics of oil. The Tyee recently caught up with Karl, who teaches at Stanford University and lives in San Francisco. Asked in a wide ranging interview what Canadians might expect if oil prices stay low for a few years, she predicted “a rapidly […]