Welcome to the Connacher Oil and Gas Hub on AGORACOM

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: Anyone Tired?

Jurek

Only replying because I'm bored.

OK listen UP CHILDREN

Connacher is an OIL COMPANY ..It's profits depend on how much oil or equivelant it can produce at how high of a price..The prices of said commodities are in large part dictated by demand. Demand increases ,price increases profit increases. Demand goes down so does price and profit..ANY THREAT TO OIL PRICE EFFECTS CLL SHARE PRICE.

USA is the major consumer of oil and the economic engine of the world..USA goes into recession then the world follows.....USA get's it's economy booming then it's demand for oil increases and the price of oil goes UP. Price of oil goes UP CLL is profitable and share prices goes up...

Laymans terms---USA ECONOMY GOOD CLL SHARE PRICE IS GOOD..

Now If the USA has a President and Congress that is ANTI BUSINESS then business won't invest money for expansion. NO EXPANSION means no new jobs which means economic uncertainty and NO NEW DEMAND FOR OIL. NO NEW demand for oil means LOWER OIL PRICES which means LOWER CLL share Price...

SO CHILDREN--Obama equals NO NEW INVESTMENT by American companies..THIS means no new jobs ..THIS means low demand for oil..THIS means low oil prices,,THIS means LOW CLL share Prices..

GOT IT

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