 鲜花( 1)  鸡蛋( 0)
|
Oilsands an emerging global growth star- B5 I" `; G! U( e6 C
ExxonMobil forecast predicts output of four million barrels a day by 2030
9 u# e: k% F3 Y/ h7 [5 u7 qGordon Jaremko, The Edmonton Journal' S/ z9 M! s+ O: B- o w5 G0 p
Published: 2:37 am
, y* h! n0 @- t7 C- \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.* t" |' i2 R7 D1 Z# M+ ]
" ?3 V5 U/ y( O" POilsands 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.& q! b/ X% Z! g5 V' }
/ T! M' `' S% h3 Z8 M1 r' d8 Z5 COil jumped to $96.67 a barrel, up $2.69 in New York trading Tuesday on fears of global supply disruptions after storms battered North Sea production platforms and guerrillas attacked a pipeline in Yemen.
; I0 J: W* q: z' l* N) \; P' d; B% ]% m+ `- S
+ H5 `7 I8 ~; m% y8 a) _8 H
View Larger Image1 _! q& ~. l( A8 ]) \. z9 q# H5 L) @& r
Gasoline prices in Edmonton were 99.9 cents per litre at many stations on Tuesday.5 R7 N; l( R$ S! G
Larry Wong, The Journal
/ X- D3 ?7 o/ @+ b
7 `5 e* y1 p d% |Edmonton refinery postings for Alberta output Tuesday ranged from $60.74 for low-grade heavy crude to $91.11 for premium oilsands synthetic production. The Canadian benchmarks are translations of international prices, adjusted for pipeline tolls and currency exchange rates.1 _. Q8 U' p6 ^' m, }2 W& @% s9 o
6 R9 Z3 j" e, Q$ m& W4 A
ExxonMobil's high oilsands expectations are realistic and reasonable, said Bob Dunbar, an Alberta industry veteran whose Strategy West Inc. specializes in the field., E6 ?* O9 B# G# J" n) R8 P
: R- c* e5 B/ p7 u# u/ ^. p. c
Output 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.
! Y5 s$ P, V: o& ~1 o! i9 f% a0 u- y7 x8 ^& ~
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.) w: B1 N0 U; v: G
1 e7 r* j+ }& W+ u/ ?$ I
When 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. |
|