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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: A Thought or Two about Electric Cars....Oil & Gas related.
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Aug 06, 2009 08:29AM

dont think electric cars will make that much difference to Oil as they do need the Oil produced power to charge batteries,I think more along the lines of solar and wind power generating electrical needs,For me its the depletion of Oil that will escalate its price,thus making Connacher a longterm play,but it will take $200+ bbl to see alternatives being on the front burners.It all comes down to Oil being one heck of a buy at these levels.

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