Monday, October 29, 2007

The US exchange is part of the Royality scam

It is worth while to note the constant sell out of Alberta by this Government.

For nearly 20 years the price of oil has been in US dollars.

Now, all of Stelmach’s paper is quoting Canadian Dollars.
Canadian dollar expected to be back to 85 cents next year. Who picks up the other 15 percent of Stelmach's numbers? Guess!

With the view that the Canadian dollar supremacy will be short lived one can assume that a further discount in royalties will be given the oil companies in the field of currency exchange.

John Clark
cyberclark@shaw.ca
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