Mostly: Classical

[Frank Pembleton]

energy...? Don't like it at all...but I don't believe it'll go straight down either. I view oil as a weapon, a strong enough weapon to bring Russia to its knees--it worked before, no wall in Germany....oil trades up or down more on geopolitical reason, than what's in storage, especially in recessions.

The point is, I don't see it getting higher than $50--just go back and look at the price, say, 2-1/2 years ago. It was range bound for almost a year--that's a hell of a lot of resistance...and as you might suspect, we here in Canada need more than $50 oil to have a vibrant economy.

So if your great communicator wants to slow down this collapse I think we'll have see oil bounce here to stabilize economics, not only in Canada, but around the world.