One key reason why oil prices may have further to fall

Finance Minister Joe Oliver, who is delaying the release of the federal budget until at least April due to uncertainty over falling oil prices, will have to put something on the table soon. In a survey of private sector forecasters last week, he was told that oil prices look to be stabilizing around the current level of $50 a barrel. Whether uncertainty over oil prices, or any economic variable for that matter, is a legitimate reason to delay a budget is worth discussing, but as far as oil goes ...