RE:RE:RE:Is US Oil Production Set to Plummet? Wait a couple of weeks until OPEC meets. I think the Saudis cut production and this stock and all the other oils will go higher. Then decide if you want to sell. Remember that Canadian oil companies sell oil in return for US$ and as long as the Canadian $ stays low, they do much better than you think even given the current prices. They also have a hedging program which limits losses.