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Silhouette of an oil pump jack.
Silhouette of an oil pump jack.
(Denny Thurston/Getty Images/iStockphoto)

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Energy producers poised to ride rising tide

For the first time in a long time, everything is moving in the right direction for Canadian energy producers.

Yes, Canadian oil is still selling at a significant discount to U.S. crude thanks to issues getting the stuff to market. And yes, a glut of natural gas is still weighing on profit at producers.