Brian-

yes it's a cut and paste

• Contango is when the futures price is above the expected future spot price. Because the futures price must converge on the expected future spot price, contango implies that futures prices are falling over time as new information brings them into line with the expected future spot price.
• Normal backwardation is when the futures price is below the expected future spot price. This is desirable for speculators who are "net long" in their positions: they want the futures price to increase. So, normal backwardation is when the futures prices are increasing.

It's all rather confusing, who knows what's normal anymore... My understanding is that contango means outlook not to good for oil prices and in turn CLL.

ON ANOTHER NOTE

HARPER AND OBAMA TO MAKE CLEAN ENERGY ANOUNCEMENT---CARBON CAPTURE MENTIONED