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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: Algar Approval

May 20, 2008 07:23AM

May 20, 2008 08:41AM
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May 20, 2008 08:57AM

We're not used to thinking about "Should I really make that trip in the middle of the day to see my daughter's play at school when gas is so expensive" ... it's very strange.



Yes we have the same discussions here too.There is not only the rising gas prices but food products here or also in the lift.

At some point this must have an effect on peoples behavior .If people start thinking about that demand for oil related products will slow down maybe and could halt the rise for a while.

I start thinking if a 125 $ oil price is in line with the supplyor speculations and a bubble building.

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