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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: Canadian$ Bitumen, NG prices and US Refining Margins

Canadian$ Bitumen, NG prices and US Refining Margins

posted on Mar 03, 2008 08:16AM

985kg/m3 3.5% Sulphur Bitumen @ Hardisty Feb29/08 at record high above C$67. Average Feb/08 price C$ 59.9

Alberta Natural Gas NGX AB Day Ahead price (Feb/19) C$7.68

Feb/29 Canadian NG spot price at AECO C$8.12 . March /2008 contract priced at C$ 8.2 , 0.12 lower then March 2007.

http://www.oilintel.com/images/chart...

Unfortunately Feb/08 Refining Margin are on total crash mode (50% down)due to high oil prices.

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