Sharky:
Just for S&G, what if currencies go through a series of revaluations. With the US $ and Euro weakening and most developed and developing Asian and South American economies going higher in valuation. There is no question that The Euro and the $ are going to inflate their way out of their debts. They really have no other choice. Then petrol will move to more costly in US$ and Euros. But, not so much in other currencies. This is in fact what I think will happen. Would be very good for Connacher, and all major oil producing nations. Also might get our US politicians off their you know whats and motivate them to start developing our own resources of hydro carbons which are plentiful in the 1.0 to 1.5 trillion barrel range. God knows something needs to get the US off its as*!
Brian