GREY:CLLZF - Post by User
Post by
Goldfingerron Dec 26, 2006 8:36pm
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Post# 11921847
SUBJECT: RE: CLL is no screaming deal? Hmmm.
SUBJECT: RE: CLL is no screaming deal? Hmmm.$50.00/bbl to produce oil sands oil has been the standard extraction price for a long time. Given the crazy situation in the Canadian oil producing provinces $50.00/bbl may be conservative. Just consider the future price inflation of natural gas which is the prefered energy source for extraction. It may make more sense to power cars directly with natural gas, then to make oil out of asphalt. LOL.