 鲜花( 1)  鸡蛋( 0)
|
Oilsands an emerging global growth star; m \9 H& \# \* E% r/ ?
ExxonMobil forecast predicts output of four million barrels a day by 20305 K% V1 ?$ r8 F. H; |3 f
Gordon Jaremko, The Edmonton Journal9 A- z6 j1 m' M& U- E4 Z6 R- X
Published: 2:37 am
7 o6 C$ b5 V) CEDMONTON - As oil leaps towards a new landmark high of $100 US a barrel, the world's top investor-owned producer has singled out Alberta as an emerging global star of production growth.8 K' y6 S, a" A# ~1 P
$ n0 j, l% J2 S+ U+ T# J* `9 K" L' ^Oilsands output will multiply fourfold to more than four million barrels daily by 2030, ExxonMobil Corp. predicts in a new international industry outlook report. And that forecast errs on the conservative side by projecting "fundamentals" of demand and supply trends instead of relying on prices to stay sky-high, ExxonMobil spokesman Allan Jeffers said Tuesday.
$ ]3 u# f8 i, _4 w' Y( p: m6 @* Y9 }% ^
Oil jumped to $96.67 a barrel, up $2.69 in New York trading Tuesday on fears of global supply disruptions after storms battered North Sea production platforms and guerrillas attacked a pipeline in Yemen.- s) B: V$ ]+ Z0 i
8 D, o/ B: ?6 c2 P( S4 e3 p2 Y& Y2 P
; c1 } p# U. V7 [+ R5 y View Larger Image1 H- Z& d7 v- t- Z' v7 U1 p
Gasoline prices in Edmonton were 99.9 cents per litre at many stations on Tuesday.
+ {9 y8 u) a9 h, v" e7 P! \Larry Wong, The Journal
: I1 w7 X+ x/ z3 f) z7 P
& o. M% V2 P- ~2 I7 NEdmonton refinery postings for Alberta output Tuesday ranged from $60.74 for low-grade heavy crude to $91.11 for premium oilsands synthetic production. The Canadian benchmarks are translations of international prices, adjusted for pipeline tolls and currency exchange rates.5 G0 n' U% A- y2 A
* G( U2 p7 F2 D$ T8 U2 t
ExxonMobil's high oilsands expectations are realistic and reasonable, said Bob Dunbar, an Alberta industry veteran whose Strategy West Inc. specializes in the field.
7 X( k1 r+ M M% v
3 a, P1 Q$ R$ U' O2 ^0 bOutput from the northern bitumen belt would grow to six million barrels a day if all known projects were built on their announced schedules, Dunbar said.
7 `4 I% ~6 _* z
- F. W4 J) x5 S8 H) QWhile no one believes the current spike will last, the looming new record high is seen as confirming that a new era of premium prices has arrived to stay, he said.6 P& N5 Y9 L8 K8 m1 N. A
+ g7 B5 O. _. ?' y8 h. T9 sWhen the oilsands rush began in the late 1990s developers only relied on markets to stay in a range of $20 to $30 a barrel. To be profitable, new projects today count on sustained averages in a higher band of $60 to $70, Dunbar estimated. |
|