Another Loonie article

Even if oil went to say $40.00 the Loonie will still be low. Our economy is terrible and we have a leftist Gov. that the Americans do not like. Our auto industry has moved to Mexico. The manufacturing that is left is mostly low wage. I don't see many companies moving to Canada. Where are people supposed to work? The logging industry that John and Angela mentioned can only provide so many jobs. I am glad that I am not 50 years old looking for work.

Moisheh

But, with a little luck, they won't ever go back to the high end.

It will take more than a "little" luck.

Several states along with our federal government want to drastically increase the tax on oil and gasoline. It doesn't take any guessing to know where oil and gas prices along with the additional tax increases will be when crude oil and refinery prices rise once again.

Having lived on the Canadian border for all of our working careers, I hope that for the sake of all parties that the exchange rate returns to close to even. When it's close to even, it makes it a lot easier for Americans to explore Canada and for our Canadian neighbors to visit our country. And, there are a lot of American businesses that depend on the Canadian snowbirds.

As much as I am enjoying the low gas prices, I don't count on them staying as low as they are right now. But, with a little luck, they won't ever go back to the high end.

Don't believe everything you read.

I can't see oil being $20 for generations......
I'm surprised the price remained this low as long as it has.

All speculation at this time.