No such message found

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

Free
Message: Conference Call - Asphalt sales

Hi Scott,

I wasn't sure if you were asking me a question, or asking a question and answering it yourself. Guess I rambled a little, haven't been getting much sleep.

I meant to imply Connacher may benefit from having the refinery in the U.S. due to King Obama's protectionist slant because:

1. If the refinery were in Canada, there could very well be problems contracting the asphalt to the U.S., especially in relation to infrastructure work that is tied to stimulus money.

2. There may have been issues with importing diluent to MRC, but I believe they're selling the diluent in Canada and repurchasing diluent in the U.S. for the refinery (part of the indirect hedging program), but I may be mistaken about that.

Brian's correct though, as the article illustrated, the whole protectionist bias is creating problems.

Anyway I hope I responded adequately, otherwise ping me and I'll give you my telephone number. :-o)

Best wishes to you also, -bbq

Share
New Message
Please login to post a reply