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Strategies & Market Trends : Strictly: Drilling II

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To: Night Trader who wrote (3579)11/4/2001 1:18:20 AM
From: Frank Pembleton  Read Replies (1) of 36161
 
Martin -- the biggies in the Alberta tarsands are Suncor, Imperial Oil, Shell Canada, Syncrude... you can also add Husky Energy and Canadian Natural Resources.

Just remember when someone's talking about Canadian integrated oils they're also talking about tarsands.

... and before you go plunging into some of these, just keep in mind that these companies have had one hell of a run already. Put to you this way, after seeing President Bush throw the ball the other night (flack jacket and all) I don't put past the White House to give all a nice little xmas surprise here shortly.

This will IMHO, pull the floor from underneath the already fragile price of crude.

Regards
Frank P.
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