"Buoyant" and "extremely positive" were some of the terms used by CEOs on Tuesday to describe the mood at a major oil and gas conference in Toronto, which took place just two days after the unexpected move by OPEC sent oil futures surging.
"That being said, the mood at this conference is extremely positive. There's a little bit of a spring in everybody's step." He said that OPEC's announced cut of more than a million barrels per day could easily tilt oil prices into $100-per-barrel territory within a few months. "It depends on how long you've been doing this, how many cycles have you seen, how much scar tissue you have," said Ian Dundas, president of Enerplus Corp., on Tuesday.
Someone let the mayor of Calgary know please
Hope it goes to $150bbl
With DemocRats oil over $100. .... Nothing surprises. They know all .. when they voted for the party... They sure understand it. Obama time over $100 per barrel Was $132.....
Experts or fortune tellers?
Not with opecs production decrease. Lol. Try again boys
We all know where this is headed. So raise it add on the carbon tax and then grapes will be $50 a pound and a dozen eggs $25. But we will save the Spanish flea from extinction.
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