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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Terry Maloney who wrote (203634)	9/13/2011 10:44:35 AM
From: Cogito Ergo Sum	Read Replies (4) \| Respond to of 312820

It mentions he did not tour after the motorcycle accident for eight years.. Rolling Thunder Review :O) :O) ... Iconic moment in my life .... Thinking about SU you and marcos mentioned.. I cannot look beyond quarter pounder status for our oilsands plays.. Until we have pipelines east / west for export... it is just a continental locked in oil reserve... ie.. US oil under our land... they are the only market... not even eastern Canada is a market.. so forget Chinese demand.. etc etc.. it is all about US demand.. and not ameliorated by more sweet Bakken oil appearing... Canadian conventional reserves virtually doubled overnight with the application of new drilling techniques... so until we have access to world prices or the US economy takes the world lead(I do not see that) ... they are not investments IMO... been lukewarm on oilsands for a long while.. I see nothing soon (even Keystone) to change that thinking... if we have pipeline west we are in the world market.. if east we get benefit of a bit cheaper oil as it approaches world prices.. and in the world market and economic stimulus for the entire country... I'd vote for one east and one west.. good for the west to get world price, (or close) and good for the east to get a bit of a break... and infrastructure and refining jobs... Keystone SB secondary... and really not required... I'm not holding my breath though... TBS