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<blockquote data-quote="klein" data-source="post: 665853" data-attributes="member: 23950"><p><strong>Re: Obamanation here today</strong></p><p></p><p></p><p> </p><p>I think you mean the cdn dollar has risen 93.5 to todays value of 96.7 cents to the US in a month.</p><p> </p><p>Meaning last month 1 US dollar bought 1.07 cdn dollars.</p><p>Now, it just buys $1.03 cdn dollars.</p><p> </p><p>But, this is nothing, wait until Spring (before summer vacation). Oil at $100 - $120 again, when demand is bigger.</p><p> </p><p>Yes, speculation does play a role on wall street.</p><p>But so does China and India, with more people driving cars each and every day.</p><p> </p><p>I don't mind it though. For us, higher oil prices is a huge winfall.</p><p>The few cents extra to pay at the pump is well worth it for us.</p></blockquote><p></p>
[QUOTE="klein, post: 665853, member: 23950"] [b]Re: Obamanation here today[/b] I think you mean the cdn dollar has risen 93.5 to todays value of 96.7 cents to the US in a month. Meaning last month 1 US dollar bought 1.07 cdn dollars. Now, it just buys $1.03 cdn dollars. But, this is nothing, wait until Spring (before summer vacation). Oil at $100 - $120 again, when demand is bigger. Yes, speculation does play a role on wall street. But so does China and India, with more people driving cars each and every day. I don't mind it though. For us, higher oil prices is a huge winfall. The few cents extra to pay at the pump is well worth it for us. [/QUOTE]
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