The fact that Iraq is crumbling and could be on the verge of civil war might be what it takes to prompt the US government to approve the Keystone XL pipeline. With record oil production in the United States likely to soften any domestic blow volatility on the world scene will have, America will still […]
Canada’s economy buoyed by hike in oil
Fighting in Iraq has crude oil prices on the rise. As a result, some Canadian economists say our country stands to benefit. Although Scotiabank commodity market specialist Patricia Mohr feels a hike in prices will have a “two-pronged impact.” Adding, “on the positive side, it really bolsters earnings for Western Canada’s oil industry, but also […]