The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (8143)	6/2/2008 9:10:21 PM
From: Cogito Ergo Sum	Read Replies (1) of 71463

Yeah but we (Canada) count on the US for just sub 80% of our trade.. Australia doesn't have that issue. On the other hand if they build that pipeline to the west coast it'll go a long way towards ameliorating that problem... "Gateway is “a heavy oil pipeline from Edmonton to Kitimat (British Columbia) to carry oil to a different market than the southern US,” Steve Wuori explains. “It would carry oil to California and to Southeast Asia, by ship. The appeal to Canadian producers is that you would get another bid on the crude oil from somewhere other than the United States.” Also, of course, pipeline costs would be less." < 321energy.com > This will be beneficial for everyone...... Message 24639262 Not likely that would help the USD either.. but it would help us to decouple a little more. The Black Swan

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