The Stock Poised to Surge from Cheap Oil and a Strong Dollar
February 10, 2015 at 05:00 AM EST
Massive new oil supply has led Saudi Arabia to compete for market share by dramatically cutting prices. The impact of this cheap oil in North America is mixed. But certain regions are clear beneficiaries, such as those surrounding auto-reliant Detroit. Just across the roughly 1.5 mile expanse of the Ambassador Bridge from Detroit is Windsor, Canada. Its fortunes are tightly interwoven with those of the Motor City. One Canadian firm with operations in Windsor is sure to benefit from the glut of cheap oil. The post The Stock Poised to Surge from Cheap Oil and a Strong Dollar appeared first on Money Morning - We Make Investing Profitable .