Bad News from Canada May Raise Prices of Oil and Natural Gas

A new report from Canada


This double dose of bad news could have a major impact on both the short- and long-term prices of both commodities. The U.S. is counting heavily on increased imports of Canadian oil, specifically to offset an expected decline in Mexican oil, and generally to counter the greater competition for oil among net importing countries as global demand continues its precipitous rise. After Saudi Arabia, Alberta