Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Production

Sharky:

You are right. The price of oil is actually being driven by two factors. 1. The change in value of the US$, which of course oil is priced in. 2. The ability in part at least, for consumption in the developing world, principally China, to absorb reductions in the European and US markets.

Brian

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