Sharky,

The $25 I quoted is a number being thrown around by many in the business community. I hold it with a grain of salt as these are the same chumps that were crying $200 oil a few months ago. I think DG is protecting CLL assets, his timing of the announcement I think was intentional to give notice that the oilsands won't sell oil at a loss to make up for OPEC cuts..a pre-emptive strike if you will.My guess is all Oil Sand producers will follow CLL, DG just pulled the trigger first.

SP is taking a hit because of this announcement, but not because of the content.Dec is selloff month for tax purposes and the year end trading deadline is coming up. I'm guessing that what your seeing is a combination of tax sales and shorts taking advantage of the opportunity to cover.