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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Wyätt Gwyön who wrote (9826)7/26/2004 2:40:48 AM
From: Cogito Ergo Sum  Read Replies (1) of 116555
 
syncrude.com

Syncrude produces high-quality, light, sweet crude oil which meets more than 13 percent of Canada's petroleum needs. This works out to approximately 230,000 barrels per day. Syncrude produces a single product which we call Syncrude Sweet Blend.

The problem I have is the relationship between the energy required in the form of NG to produce the syncrude. It seems to cancel much of the leverage a regular producer would have to increased oil price.
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