[GAB-1955]

I agree. Something tells me that there will be serious capital investment in the oil sands and shale, but not in the short run. We’re still hoping oil prices will drop.

[thackney]

Something tells me that there will be serious capital investment in the oil sands and shale, but not in the short run

Huge investment in Alberta Oil Sands has already started. More than $160 Billion Dollars are being invested in commercial operations.

Inventory of Major Alberta Projects
http://www.alberta-canada.com/statpub/albertaConstructionProjects/mpindex.cfm
Scroll down, select “Oilsands” and click “Submit”

[RightWhale]

NYMEX crude 129.09

This is not a fluke at the end of the future’s life. All the futures are up similarly. Maybe tar sands are looking better, if not cheaper.