RE:YOU will see $20 Dollars again There are a few of factors weighing against your oil outlook Lightoil123. A trade war with China putting a damper on global growth, the high US dollar making oil more expensive for emerging markets where most of the demand growth will be, Iran may find ways to keep pumping. So it's not a slam dunk.
We are suffering low oil prices in Canada because of full pipelines and refinery maintenance in the US. Trudeau has nothing to do with it. The refinery issue will subside in a month or so. The pipeline issue is years away from providing relief. Meanwhile trains are coming as a short-term solution