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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: oil on a rebound?

Jan 04, 2009 09:36AM

Jan 04, 2009 10:51AM
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Jan 04, 2009 12:00PM

Jan 04, 2009 02:03PM

Jan 04, 2009 09:13PM
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Jan 05, 2009 12:09AM

Jan 05, 2009 12:34AM
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Jan 05, 2009 05:11AM

The current resurgence in oil, is in large part due to the current conflict in the middle east. Unless other major oil producers initiate similar conflicts, it is unlikely that the upward impetus for oil will survive. If such does however occur, I would look to Russia to be the source. Russia is getting killed economically at present economically as so much of their economy is oil and gas export dependent and would benefit significantly from such a conflict. This is a dangerous time in international relations and may well intensify over the coming months as a new US leader soon to be inaugurated will likely be tested.

Brian


Jan 05, 2009 08:04AM

Jan 05, 2009 09:23AM
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