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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On the news in the U.S. this morning the very topic was visited. The official position was described as being the reserves are to be used in emergency only, not to balance prices. Also someone was interviewed who said he was from Calgary, the oil capital of North America, and that he was enjoying the "cheap" gasoline prices here in the U.S.

One other thing, received a telephone message from DG the other day on another matter, and as someone here mentioned he noted the plan is still for 50,000 bbl/day by 2015. It's amazing to me that a telephone call to CLL's investor relations results in a return call from the boss ... very impressive.

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