Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (65450)	7/6/2005 5:52:51 PM
From: gg cox	Read Replies (1) of 74559

Oil over $60.00 a barrel. Gas where I live in Canada $.995 per litre. One us gallon equals 3.785 litres. One US gallon of gas in Canadian dollars is 3.785litre's times $.995 equals$3.77 Canadian One US gallon in US funds bought two days ago @ $2.14. $2.14 US converted to Canadian is $2.64 Canadian. Canadians are paying Canadian $3.77 per US gallon Americans are paying Canadian $2.64 per US gallon Americans are enjoying a Canadian $1.13 advantage for every US gallon purchased. At this rate, $100.00 per barrel oil should not have too much of an effect on American economy probably putting it on par with the present Canadian economy as we don't seem to be suffering too much with a US gallon costing Canadian $3.77 gg

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