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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: 70 bucks Oil

70 bucks Oil

posted on Jun 25, 2009 09:48AM

Sam,I have to dissagree,stabilizing Oil may have its advatages but for me being a beleiver in Peak Oil I have a deep fear that Oil consumption will not be curbed,and therefore lead to a much higher price and a depletion of a resource that has yet to have an economical replacement.For me alowing Oil Price to escalate will speed up alternatives JMHO..

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