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I can't be the only one that hates the dollar being so high... (pg. 3)
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| malek |
| quote: | Originally posted by AwakenedAddict
The value of the US dollar doesn't really have that much of an effect on the price of gas in Canada because Canada produces its gas domestically. |
why then did Canada import 13.7 Billion $ worth of Petrol in 2003 ?;) |
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| MarkT |
| yeah...doesn't the U.S. import tons too, and they are well beyond self-sufficient as well, I'd think? |
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| dallastar |
that's about all.....
<<< MONEY MONEY MONEY <<< |
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| malek |
| quote: | Originally posted by MarkT
yeah...doesn't the U.S. import tons too, and they are well beyond self-sufficient as well, I'd think? |
no they're not self sufficient.
To be in that position, they would need to control 25% of the world's reserves and production, which isn't the case. |
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| MarkT |
^^^ what if we count Iraq though :D :D :D
lol |
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| malek |
| quote: | Originally posted by MarkT
^^^ what if we count Iraq though :D :D :D
lol |
hahahahah :p thats another story:p |
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| MarkT |
whoohoo!!! Prime Rate won't be going up after all, despite earlier indications that it would. Safe until the end of Jan'05, anyway ;)
That's good news for those of us with lines of credit and variable rate mortgages tied to the Prime rate (and myself, since I sell secured lines of credit at prime)
http://www.bankofcanada.ca/fixed-da...rate_071204.htm |
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| AwakenedAddict |
| quote: | Originally posted by malek
why then did Canada import 13.7 Billion $ worth of Petrol in 2003 ?;) |
Where did it come from? The US... we ship them unrefined oil and gas and they send petrol back to Canada. The exchange rate evens out because the trade goes both directions. Classic reciprocal input/finished goods trade, been around since the colonial times.. but today we don't get as screwed. |
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| malek |
| quote: | Originally posted by AwakenedAddict
Where did it come from? The US... we ship them unrefined oil and gas and they send petrol back to Canada. The exchange rate evens out because the trade goes both directions. Classic reciprocal input/finished goods trade, been around since the colonial times.. but today we don't get as screwed. |
isn't unrefined oil = petrol ?? :conf: :conf: |
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| amb_ |
| quote: | Originally posted by malek
isn't unrefined oil = petrol ?? :conf: :conf: |
unrefined oil == crude
petrol == gasoline |
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| malek |
| quote: | Originally posted by amb_
unrefined oil == crude
petrol == gasoline |
ok sorry then, in french petrol = crude.
ahem:o |
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| TranCyn |
| yea me and greg had some trouble with the crashing and burning USD since we got a lot less bang for our buck when we went up there (and had a fabulous time...) needless to say we are getting a smaller xmas tree this year as a result.. |
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