Welcome to the Connacher Oil and Gas Hub on AGORACOM

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: digger




Could be very volatile with latest news from the bank sector which is in big trouble with latest news from IndyMac Bancorp.

Goverment will take control but what if something gets worser with these Fannie Mae and Freddie Mac which hold on 5 trillion

http://tinyurl.com/63wm4f

Look to this chart

Tuesday they will listen to Bernanke with their ears wide open .Will be a tough session.

Could be that oil prices will go up again due to a falling us $ once again.What will stop this mess?

Shorts once gain will try to depress the CLL sp if we see some panic trading in overall markets.








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