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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (48129)	6/22/2012 5:16:45 PM
From: Cogito Ergo Sum	Respond to of 68652

I think the viability issue is somewhat elastic for the Saudis .. it is an issue of funding their programs (keeping folks happy) .. considering the constraints on our oil producers.. I dunno that the Saudis are too concerned right now at dropping the price to squeeze out non conventional .. though it would be easier for them to cause a lot of havoc in the Canadian patch now flooding the market.. re: 66 Nuttal also said he doesn't see that (differential) improving soon.. so I wonder at his time frame at considering CNQ .. he says some time in 6 months plus I think... Yep I think the energy picture is changing fast.. Canada may miss its chance.. we may get the pipes too late...