Upgrader: September 3

Heavy Oil Investing News reports the price of oil fell with Gustav’s fairly uneventful passage through the Gulf of Mexico.

The drop in prices has weighed down the energy-heavy TSX indexes, energy companies and the Canadian dollar. The US dollar, however, is at a ten month high, and several hurting industries got a boost.

For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.