View Single Post
Old 09-17-2007, 10:38 AM   #5
Suave
Scoring Winger
 
Suave's Avatar
 
Join Date: Oct 2002
Exp:
Default

Quote:
Originally Posted by Bobblehead View Post
Although with the price of oil pushing record highs again, I could see things staying very busy.
But for Canadian companies doing business in Canada the rise of the Canadian dollar has offset the increase in oil price. So most are not farther ahead then they were when oil was $50-60. Plus when your cost structure has increased substantially the result is a large decrease in activity which already started last summer.
Suave is offline   Reply With Quote