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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: Re: prediction for next weeks

Sep 06, 2011 10:33AM

Sep 06, 2011 05:35PM
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Sep 09, 2011 10:43AM

Dave

Don't know if retailers are selling now.Not a good idea IMO.

I think these brookers are buying for clients maybe which set a vast price to buy or sell so maybe it's why so much small blocks are passing.I have witnessed that for myself that my orders sometimes where bought or sold in pieces .I think it depends if you buy or sell "at a fixed price" or at "market price".

Gas in Canada is pretty cheap compared to Europe.+/- 0.50 eurocent lower.But we probably don't drive so large distances per year.I came around 25.000 km per year combined with the Chevy the roadste and the Harley.

How much do you pay for heating oil or what kind of energy is mostly used in Canada.I bet with the wintertime there you need a lot of energy to keep it warm.I use about 1300 l heating oil for the living room and kitchen .The rest is accumulation fire on electric.

You must look to the oil chart and compare it with the S&P 500.Chart looks simular.However if the markets will drop further oil will follow.I'm still waiting to fill the tank for heating oil.1.000 liter cost around 820 €.


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