Quote:
Originally Posted by Handsome B. Wonderful
Are you new to Calgary or something? $85 oil is a non-story.
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Nope. I am not new. I know about these up and down. But my question is more related to housing market and oil prices. Houses prices started going up from 2006 when cost of Canadian oil goes went up by 58%. if Future Canadian oil trade for 70 how it will effect housing market.
US landed cost of Canadian oil
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
26.69 20.72 22.98 26.76 34.51 34.73 53.90 60.38 90.00 57.60
2011 2012 2013 2014
72.80 89.92 84.24 84.46