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-   -   Why an 80-cent loonie is good for shoppers but bad for oil producers (https://forums.calgaryn.com/showthread.php?t=7249704)

news 07-24-2017 08:09 PM

Why an 80-cent loonie is good for shoppers but bad for oil producers
 
One of the few saving graces of the oil downturn has been that oil is priced in U.S. dollars, meaning that as the loonie dropped over the past three years, it cushioned the blow of the price drop. That's coming to an end.


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