Re: OPEC Numbers
in response to
by
posted on
Mar 03, 2010 06:14PM
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
Dondon I do not reject that oil is depleting but it will not be for our time we hopefully had to live up here.Therefor sadly enough we are to old.There will be new highs probably in the future but for next months ahead that's an open question.
I'm working at Shell and the orders we receive or not like it used to be right now.They've built a brand new plant and it has only runned for half a year and since past year it's down and they forcast it will not start this year MAYBE next .We had to accept we entered a time frame we didn't seen or even expect since we were born.The stock market hass lost his spirit and the debt situations are worsening more and more.So how will oil price rise to levels above we have seen recently in such economic situations.Gorvernments money is almost spent to save a next downturn.They are over there heads in debt.Maybe you Canadians guys are more lucky to hace a country with tar sands and other commodities and just some better managed then other countries all around.
Up here I always ask myself why so for the crisis is not more visible.Maybe young couples are young people get help from their parents which have had the good times and are good fortunated .The job market is not at the end of the tunnel and still rising.This will reflect on earnings etc..Recently I heard on the news that people never saved so much money because they are afraid of loosing jobs etc..