Oil Sands and Related Stocks Message Board

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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: Bearcatbob who wrote (17796)	9/22/2007 2:25:30 PM
From: johnlw	Read Replies (1) of 25575

They are already paying the 25% on some "older" production. So the 33% rate would would be an additional 8% on that oil. 80 cents on your $10 increase. Some 2006 numbers from PCA: Syncrude oil-$72-costs-$30 McKay River bitumen was $29 in 2006-costs $18 petro-canada.ca ECA has some more numbers on their website: encana.com I don't know what you are missing. I don't know what I am missing. I live here. It is going to affect me more than someone in Cal. or Ohio. So far I am all for it btw. My feeling is that it isn't that onerous. One interesting thing I have found in my travels today is the effect of the rising loonie, for COS every cent has a 4cent/unit impact. That from the 2007 Guidance Document. JW

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