Money

Price of oil influence on SK financial plan
By Natalie Geddes paNOW Staff

Saskatchewan’s finance minister says the province remains close to budget, even as oil falls away from the price projected in the financial plan back in March.

The rule in Saskatchewan is that for every dollar difference between the budgeted price of oil and the current cost of oil, the province stands to lose or gain 19 million dollars.

For 2012 the province put that price at $100 per barrel, based on the West Texas Intermediate benchmark in oil pricing.

Do not pass go...

Safe bet you have never played monopoly quite like this before. At the American Museum of Finance there is a monopoly set made of 18 carat solid gold. The board is covered with hundreds of gemstones. The dice alone are worth 10,000 dollars.  

nmaxwell@rawlco.com