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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: which comes first ??

which comes first ??

posted on Mar 17, 2009 07:26AM

looks like traders are trying to figure it out,OPEC has put the question,present supply is made up of reserves but future Oil is under question(PEAK OIL)as recovery occurs DEMAND will increase,what SUPPLY is to be had requires a more lofty price,$75-100 IMHO.

Bitumen is far from a "moot" point with infrastructure made up of highway building ,resurfacing etc,BITUMEN will be much in demand,Governments are already linning up for this Commodity,,it makes up a large portion of infrastructure spending,Connachers refining capability is an asset but its BITUMEN reserves will be front and centre AIMVHO..

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