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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: Saudis happy with $50 oil for the short term

dondon:

Agree with you. Oil needs to go back to $65 to $75. If it does not, then my concern is with recovery in demand oil supply will become very stressed with a rapidly escalating price, blowoff top and as a result, throw the entire economy into a depression. A scenario which serves the interest of no one!

Brian

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