Re: OPEC Numbers
in response to
by
posted on
Mar 03, 2010 05:54PM
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
Sharky,Oil seems to have found the $80/bbl not $60 it,s hard for those in Europe and USA to accept that the WORLD Economies and not their will dictate the future,that being said the USA NEEDS Oil to survive,remember they give their own suppliers in North America the highest price bbl( I suppose we in Canada can be happy with that) myself I think a depleting resource is worth so much more,to those of you who do not accept Peak Oil my view might be simplistic,for myself I see it as logical furthermore those who see a lessening on price of bbl are leaning on wishful thinking,your points are very eloquent but for me not realistic.Looking at Connacher I can see why someone with my view is invested but for the other point of view,J have to say investing in Connacher is akin to throwing your money away well to each his/her own..