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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: Companies and Bankruptcy

Re: Companies and Bankruptcy

posted on Jan 20, 2009 12:22PM

I'm sure that if that happened, you could give it a bit of time, and all of a sudden there would be renewed interest in building a pipeline to the west coast to give our energy to China.

If the oilsands suddenly become "off-limits" for purchase, the States has to buy additional oil elsewhere. It's like a global bowl of jelly - ripples in one area affect the entire bowl.



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