Re: Conference Call/dk
in response to
by
posted on
Nov 25, 2008 01:59AM
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
Shifting to other kind of cars?
I think automotive industry willfocus more rapidly on other kind of engines such like electrical cars.
Read this reports.
The electric car economy
http://greenwombat.blogs.fortune.cnn...
http://money.cnn.com/2008/11/24/news...
http://money.cnn.com/2008/11/21/maga...
Also in Europe cause gas is a much higher cost then in the US they are looking for cheaper engines and other use of energy.
So oil price will rise but more on depletion then demand cause there is a realize that easy oil is coming to an end.Can be good for CLL .
I'm also a heavy engine car lover but I guess we may have seen the end of the big engines and will get used to other kind of engines.Maybe thougher for US and Canadians to accept but I think there is no other way.