posted on
May 14, 2008 02:23PM
perhaps basher is to harsh,for the most part this last NR is a positive and should be taken as such,yes there was a negative aspect in the content but it should be noted this company is all about "integration"this is about obtaining bitumen,with integration this company adds reffining capacity and to cover expenses has an energy supply,in this case the end result is where the focus should be,and its there that direction of investing should be gleaned,going forward each pod will increase production by some 10,000 bbl/d,that mean an expanding cash flow,infrastructure cost will be minumalized.Now thats the facts as I see them,as for the price of Ng it is alligned with Oil,as that price escallates so too will Ng,both are tied in with PEAK Oil,SUUPPLY the lack of and DEMAND the increase of,a perusal of refineries will reveal that there have been none for years,and IMHO that has a lot to do with PEAKe Oil,JMVHO