Another fine mess!

On Monday, the price of West Texas Intermediate oil — the US benchmark price — traded below $53.00 a barrel for the first time since May 2009, bringing WTI’s decline to nearly 50% from its June highs. And as the price of oil has declined, many have asked what the “breakeven” price is for various oil projects around the world.

oil

Yes my Canadian friends we are under water $71.00, But the good new is that a lower loonie is good for our economy!

About 2sidesof49

This Blog is for all Canadian Cross-Border Shoppers wanting to maximize their returns on their U.S. shopping trips. Visit 2sidesof49.com for tips and tricks and links to our partners websites, blogs and products. Also check out my book The Canadian Cross-Border Shopping Guide - guaranteed to save you money!
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