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  • Canadian Oil Sands Barely Affected by Syncrude-Alberta Agreement [View article]
    It is more evidence that Alberta is placing its economic bet on tar sands and unconventional gas than the conventional producers. The bet pays off only if the oil picture rights itself and the cancelations of projects and slow down on projects stops and the estimated 250 billion dollars in construction starts anew.
    Otherwise, Alberta has shot herself in the foot with conventional production scattering to the other provinces. But then again, I believe this was planned.

    COSWF.PK was in the driver's seat all along with cancelations announced on future projects and an iron clad contract with the Alberta government until 2015.

    COSWF.PK CEO, Marcel Coutu, is a shareholders dream. After being directly lied to by the Harper regime he mounted an industry effort that went all the way to the Gates of Ottawa. Then he pounded on the Gates. It's about time a CEO expended some passion for the benefit of his shareholders. Hats off to Coutu playing the game well.


    Nov 23 18:53 pm |Rating: +1 0
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