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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: Oil Sands Dependence on the USA ?

Well spoken Lynn.

I don't see why he should buy oil elswhere if he can just buy it over the border.I don't know how much oil is still available in the US.I have some reads about oil scale but I think it's also a very costly project too.

I think he will go for other uses of energy specially for electricty power .These plants makes huge amounts of CO2 .So if they can reduce this buy using solar and other mirror technices together with wind mills etc.. This can creare new kinds of companies and other bussiness and creates jobs.I heard here that in the wind power companies still well payed jobs are available.

The fact he will promoting electric or hybrid cars that will not say it will go in 1.2.3

If he can restore faith and that's what it's all about so that people start consuming again that could start up economy but first of all ,all states need to clean up the mess the banking sector has made.These stupid guys has blown away a lot of money.

Maybe Canada can implement a kind of envirnionental norm for clean producers some kind of ISO norm like we use here or maybe also in your countries.

Because CLL has reached the standards I have no clue why they should not be go on further.Looking to the oil futuresthey are in the green and June contracts at around 48.8.If this price can substain then DG could maybe give green light for Algar or start pumping up more.

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Futures Prices as of January 21 - 14:30 CST FlipCharts
Full List | Currencies | Energies | Financials | Grains | Indices | Meats | Metals | Softs

Click for Today's Market Commentary

Contract Month Last Change Open High Low Time Links
Energies
ICE Brent Crude Oil (CBH9) Mar 09 45.22 +1.60 43.89 45.26 42.85 14:19 Q C O
ICE Brent Crude Oil (CBJ9) Apr 09 46.77 +1.34 45.59 46.84 44.69 14:19 Q C O
ICE Brent Crude Oil (CBK9) May 09 48.15 +1.02 46.48 48.25 46.43 14:12 Q C O
ICE Brent Crude Oil (CBM9) Jun 09 49.39 +0.74 48.00 49.48 47.84 14:12 Q C O
Crude Oil (CLH9) Mar 09 43.96 +3.12 40.91 44.05 40.24 14:19 Q C O
Crude Oil (CLJ9) Apr 09 45.84 +1.59 44.14 45.90 43.35 14:19 Q C O
Crude Oil (CLK9) May 09 47.42 +0.86 46.53 47.48 45.40 14:16 Q C O
Crude Oil (CLM9) Jun 09 48.80 +0.52 47.97 48.99 46.95


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