Power Scaling "deal" PSA

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John_P_WI
Posts: 1457
Joined: Wed Aug 15, 2007 4:29 pm
Location: Wisconsin

Power Scaling "deal" PSA

Post by John_P_WI »

Hey guys I have no affiliation with KOC or London Power but wanted to pass along a PSA about a deal due to the weakness of the Canadian dollar to the US dollar. At this time the Looney is about 70 percent of the US dollar giving an equivalent 30 percent discount to us guys in the states.

Just mentioning it as I just stocked up on some power Scaling kits....
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David Root
Posts: 3540
Joined: Fri Aug 04, 2006 3:00 pm
Location: Chilliwack BC

Re: Power Scaling "deal" PSA

Post by David Root »

Update: Looney now at 68.5 cents. Will probably go to ~65 cents in a few weeks after Iran's oil hits world markets.
All Canadian oil producers are losing money below US$30/barrel.
As I write this the Dow is down over 500 points this morning.
When I was a boy I was told that anyone could become President. I`m beginning to believe it--Clarence Darrow
guitarmike2107
Posts: 303
Joined: Fri Dec 12, 2008 10:51 pm
Location: East Scotland
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Re: Power Scaling "deal" PSA

Post by guitarmike2107 »

We have a similar issue with oil in Scotland, jobs are going left right and centre, fortunately the GBP is not baselined off oil
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