| 24.11.2008 - Plunging oil prices to have spillover effects onto rest of Canada |
| From Oilweek.com: The effects of plunging oil prices on Alberta´s once red hot economy will stretch well beyond the oil laden province´s boundaries, touching everything from Ontario steel pipe producers to federal government coffers. Crude prices settled below US$50 a barrel on the New York Mercantile Exchange for the first time in three years last week. That is only a third of its all-time high of $147 reached less than five months ago..... Full Article: Source |