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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: CLL vs Oil price

Nov 19, 2008 06:44PM
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Nov 20, 2008 07:04AM

rebels

Yes that's right but in the meantime it's scary to look at the sp .

You are right about alternative projects.These can put on hold again.

However here in Belgium there do a lot of testing with electric cars also with cars on methane (CH 4) .People living in town like the one I live nearby can hire such cars for shopping and put them back to certain locations.

But I dare not say right now that 1 $ we touched almost today will be the lowest so far.Will all depend on oil price.Let's hope we see a recover till end.We need 50 % up to reach 1.5 again almost.

Here in Europe they will help Opel which is part of GM to survive .


Nov 20, 2008 10:21AM
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