No brainers
in response to
by
posted on
Aug 08, 2011 11:01AM
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
kind of ironic how the CDN Market takes a sh*t kicking on a US downgrade. Oil will still be bought, just cheaper now. Maybe SPR will be replaced now at $80 giving the US a $500,000,000 profit on releasing the oil in the high $90's. Maybe they should do that a few times to help get out of debt. (no brainer)
With poor jobs it would seem the needed pipeline would be another no brainer, it would increase jobs and reduce Brent oil, which of course reduces costs.