http://ca.news.finance.yahoo.com/s/...s-new-oilsands-development-become-viable.html
Assuming oil stays above $60/barrel (which I'm not sure it will but for arguments sake we'll go with that), I'm very bullish on Petro Canada/Suncor as my oilsands play. This merged company now has multiple oilsands projects that would be viable, enabling some solid growth prospects, both in the near term and long term. Anyone else playing the oilsands?
Assuming oil stays above $60/barrel (which I'm not sure it will but for arguments sake we'll go with that), I'm very bullish on Petro Canada/Suncor as my oilsands play. This merged company now has multiple oilsands projects that would be viable, enabling some solid growth prospects, both in the near term and long term. Anyone else playing the oilsands?