Hi Brian and MB

I follow Brian in his statements.Me too I'm not so confident on an economic upbeat situation.It's not only in the US that the jobless level is rising in Europe it's the same way .The other negative item here is that Europe is not such a solid State like the US.Many countries has given up their currencies for the € but the weak economic countries now are dragging the € down and it's still not over yet.

Like previous said here the West is over it's top .

Here is a print about the debt situation in the future.Only one country here is positive and that is Canada.All the rest have rising debt situations.That's something that can't last for ever.

So for being upbeat on oil price in the near future is not so sure and I support MB to advice DG to hedge some of his production.BTW despite oil is around 80 $ oil companies are not so in favour.Many analist think we can see another downturn .The debt situation of many countries specially in the US and Western world has become to big and instead of taking strong meassures which are not in favour for politicians the situations will only worsen.

If this summery is correct canada seems to have the best papers.So that could support the cad $ probably.