Canadians take a rest spot here on oil prices...this is the course as part of a lower Canadian dollar and what allows for oil reliant companies and industries to survive when the oils rocket back to the higher and what we consider the constant oil prices..panies are slowly buying oil now at the rate it is without a lavish display so that oil based product companies and oil reliant industries can build a surplus of oil at a lower rate so when it rises they have something to work with for pricing structures, or they can sell the cheaper oil at a higher rate which increases profit or it allows companies who use oil to make products competitive with China when the prices rise...Canadian Oil at a lower rate allows for States in the US that have been hit hard by weather such as agricultural industries that scream prices will rise a chance to even the keel of their boats while they grow produce again (which is one of many, an oil reliant industry) so then they dont have to raise prices as a result as the industry didnt need to pay more... it is like the Maple Syrup Surplus Effect that we in Canada do to regulate and make sure we have a stock of the syrup always...I encourage the Maple Syrup industry to plant more trees in the ground as the Americans as catching onto the Multi-Billion dollar industry and while we have a strong hold....lets keep pacing faster than others on in that area and you could make Ban Ki Moon a little happier as well more trees filter the air... :) and yes those are the two liquid gold areas addressed in one comment... :)
Posted on: Sat, 06 Dec 2014 00:35:27 +0000
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