$200 Barrel Oil - Heh

Who Will Win When Oil Hits $200 And How You Can Clean-Up Too

Off the top of your head, can you tell me the exact price of a gallon of milk? How about a loaf of bread or a dozen eggs?
I'm guessing you can't - at least not exactly. But I'm willing to bet you can tell anyone who asks exactly how much gas is selling for in your neighborhood.
The sad truth is if you drive your own car, buying gas is actually more of a necessity than buying milk or bread. Also, lately we've all been watching gas prices because oil prices have nearly tripled since just last year...
Since 2007, the Price of Oil Almost Tripled
Here's the thing: In the long-term, oil prices just promise to go higher.
It's simple. We can't create more oil. There's only a limited supply out there. In fact, some economists estimate that there may only be a 60-100 year supply of oil left in the earth. That means that no matter how much oil prices pullback in the short-term, gas prices are only going higher long-term.
The Few Winners in the $200 Oil Game
Okay, so the question is: Who will benefit from these sky-high oil prices in "currency land?"
If you can figure out who holds the oil and exports tons of it, then you can see who will benefit over the years. After all, the cost of pulling it out of the ground won't change nearly as quickly as the price increases.
With that in mind, I'd like to introduce you to the few countries that stand to profit as gas prices soar to US$5, US$6 and beyond.
As oil rises in price, money will literally pour into these countries. This huge influx of oil funds will stabilize their economies, build trade surpluses and attract foreign investors (because traders send their money flowing to sound, stable countries).
So without further ado, let's meet these oil-rich (and now cash-rich) nations...
America's Personal Gas Pump
First up: Canada - the United States' personal gas pump.
Our neighbors to the north are the United States' biggest oil suppliers. In fact, 99% of Canada's oil goes straight to the United States. Think Americans will lose the thirst for oil anytime soon? I don't think so. This gives Canada a huge edge going into the future.
Also, even without that distinction, Canada is already one of the largest suppliers of oil in the world. It's possible Canada has even more so than Saudi Arabia and the United Arab Emirates.
So as oil prices rise, oil importers from all over the world will want Canada's most valuable resource. Oil sales alone will dump cash into Canada's economy. And that's just oil revenue. Canada also has other commodities that will benefit the economy in the years to come.
You can easily make a straight investment in this oil-producing nation, simply by buying the Canadian dollar (or "loonie" as we say in the currency biz). The Canadian dollar (CAD) is right at the top of my "beneficiaries of US$200 oil" list. As Canada benefits from the rise of oil prices, so will their dollar.