Down trend getting entrenched.Lowest close for wcp since last January, of course all the rest of the oils are in the same boat.
What's this going to do for future dividend increases, with income slip sliding away. I do hope wcp has some good hedges in place and Grant doesn't go on another (egotistical) buying spree.
Until we get rid of that idiot in Ottawa I don't see much of a recovery in the oil sector here in Canada.
Europe begging for gas and here we are sitting on our hands doing nothing to help.
Cheers