Re: Will it be today, I doubt it Diggersam

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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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BKM8572

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Re: Will it be today, I doubt it Diggersam

in response to

Re: Will it be today, I doubt it Diggersam

dondon

posted on Jun 12, 2009 11:32AM

Dondon:

Doubt at this time and for the near future at least, $150.00 oil would cause the same issue it did last Fall. A collapse in all markets. In my belief, the world is incapable still, of being able to sustain a recovery against the headwinds of anything like $150.00 oil! Be careful what you wish for. You may get it. Bears make money. Bulls make money. Greedy pigs get slaughtered!