Is Canada's economic star fading? Weak Demand for Oil?

The commodities sector has carried the market in recent years. Those days may be numbered ?
David Berman, National PostPublished: Monday, January 22, 2007

"If you're wondering whether there has been an important shift in the commodities market, look no further than Jeffrey Rubin. The chief economist and chief strategist at CIBC World Markets has made a name for himself in recent years as one of Canada's strongest energy bulls, arguing that dwindling supplies and surging demand for oil had created a perfect environment for producers: Crude oil, he said, was on its way to US$100 a barrel."

"But today, with oil prices tumbling toward two-year lows and his target off by nearly 50%, Mr. Rubin is taking a second look. It's not because of the warm winter; it has more to do with weak demand, as fuel-conservation measures such as the use of ethanol kick in." Full Article.