 鲜花( 1)  鸡蛋( 0)
|
Oilsands an emerging global growth star9 |" \! Y. g0 q7 x4 @) \
ExxonMobil forecast predicts output of four million barrels a day by 2030' a( g9 m S0 K' P+ l' N
Gordon Jaremko, The Edmonton Journal
# p8 h$ u$ x, S3 HPublished: 2:37 am
, ^! m- D- Q* ?) Y: ^EDMONTON - As oil leaps towards a new landmark high of $100 US a barrel, the world's top investor-owned producer has singled out Alberta as an emerging global star of production growth.& c% k# F% L1 `+ r- G5 f+ V* V( q
% g& D! @3 }3 w$ x' w6 K
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.
& `1 I- ^4 F- E* |! I/ K
; F# _# T V2 M; C- u+ v) y hOil jumped to $96.67 a barrel, up $2.69 in New York trading Tuesday on fears of global supply disruptions after storms battered North Sea production platforms and guerrillas attacked a pipeline in Yemen.6 M c3 p2 t' c% R3 p
: d3 m- b0 B7 M1 a* o7 F; e+ b' Y
8 F0 q O3 k' T. E
View Larger Image
! g8 @' z+ Q1 ?, A9 M* F YGasoline prices in Edmonton were 99.9 cents per litre at many stations on Tuesday.) a5 S$ W7 w+ d$ L ^) P! r6 j
Larry Wong, The Journal8 i+ x! V: i: O0 V
4 h' N. }# }; Z/ o3 p
Edmonton refinery postings for Alberta output Tuesday ranged from $60.74 for low-grade heavy crude to $91.11 for premium oilsands synthetic production. The Canadian benchmarks are translations of international prices, adjusted for pipeline tolls and currency exchange rates.
& m/ O' |7 G/ o) q0 G$ m: A: @; \0 x% G
ExxonMobil's high oilsands expectations are realistic and reasonable, said Bob Dunbar, an Alberta industry veteran whose Strategy West Inc. specializes in the field.+ n* z! a# _8 d
9 [4 ~* K9 f/ a, \+ f7 COutput 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.
. Q' S6 l: V9 y: O+ N: Z% P4 p9 e0 H; b- D5 [ ]
While 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 n3 n: H' {/ @2 t; ?' Y7 k, E
* g/ F/ T G/ l0 f6 NWhen 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. |
|