The oil price is determined globally, though. Do you think that the Canadians are going to continue to sell their oil in the US for $60 a barrel if they can sell it in Europe for $100?
Do you think that the Canadians are going to continue to sell their oil in the US for $60 a barrel if they can sell it in Europe for $100?
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Certainly not. But how much are they going to sell at $100 per bbl? Yes, I would like to see it happen -- maybe our lame Washington government might get serious about sourcing our own oil for a change....(just maybe)...
And when the food processing plants that feed those hungry canadians for ten months of the year start running out of fuel what will them canucks do?