To: blam
If Americans would drill more then expensive oil would be good for the economy. Here in Canada, the value of the dollar rises and falls with the price of oil; several years ago, when our dollar was worth $0.70, a Royal Bank economist predicted that our dollar would reach par when oil hit $100. Our dollar passed parity when oil was ~$98.
12 posted on
04/12/2012 6:21:33 PM PDT by
Squawk 8888
(Tories in- now the REAL work begins!)
To: Squawk 8888
"If Americans would drill more then expensive oil would be good for the economy. Here in Canada, the value of the dollar rises and falls with the price of oil; several years ago, when our dollar was worth $0.70, a Royal Bank economist predicted that our dollar would reach par when oil hit $100. Our dollar passed parity when oil was ~$98."
Well said and true.
19 posted on
04/12/2012 7:30:40 PM PDT by
familyop
(We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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