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A pump jack draws oil from the ground near a hydraulic fracturing operation near Bowden, Alta. (Jeff McIntosh For The Globe and Mail)
A pump jack draws oil from the ground near a hydraulic fracturing operation near Bowden, Alta. (Jeff McIntosh For The Globe and Mail)

Discussion

Where are oil prices headed? Add to ...

Oil's drop from the $100-a-barrel mark could help the global economic recovery, but it's a mixed blessing for Canada's oil exporting economy.

Lower prices may trickle down to the pump, but cheaper oil could both help and hurt Canadian companies.

Earl Sweet, a senior economist and manager with BMO Capital Markets, joined us and answered questions about the price of oil, and where it's going.

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