 鲜花( 1)  鸡蛋( 0)
|
Oilsands an emerging global growth star
: F5 k( J+ p9 Y, T9 U' k2 S4 nExxonMobil forecast predicts output of four million barrels a day by 2030
4 `. l" b+ {; j" C. Q( hGordon Jaremko, The Edmonton Journal
% n2 t5 q: w* l4 IPublished: 2:37 am
# f' r0 l! i" F0 qEDMONTON - As oil leaps towards a new landmark high of $100 US a barrel, the world's top investor-owned producer has singled out Alberta as an emerging global star of production growth.$ L. W) n- c8 y! q# l1 C; C+ L1 {8 ~
) W7 Z, L$ M" j; {: E) b1 T5 y
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.' f( \1 j* ]# y$ Q& B
9 F. E# B, l+ y/ r
Oil jumped to $96.67 a barrel, up $2.69 in New York trading Tuesday on fears of global supply disruptions after storms battered North Sea production platforms and guerrillas attacked a pipeline in Yemen.6 V9 [" `9 Y+ f5 G2 _
" o$ \; I' f; o# Z; K$ G8 N" ?
; W5 J, X3 ?0 \& a View Larger Image
# l. Z3 h. f* F- PGasoline prices in Edmonton were 99.9 cents per litre at many stations on Tuesday.
/ ] O/ n* X n, K zLarry Wong, The Journal
; T/ l. Q3 I5 w, D3 w, y+ _" e0 f3 F, M1 N s9 F# k
Edmonton refinery postings for Alberta output Tuesday ranged from $60.74 for low-grade heavy crude to $91.11 for premium oilsands synthetic production. The Canadian benchmarks are translations of international prices, adjusted for pipeline tolls and currency exchange rates.
! F9 E. m1 k1 L+ d) t8 {
1 `/ ^: ?% p# T# [; U- sExxonMobil's high oilsands expectations are realistic and reasonable, said Bob Dunbar, an Alberta industry veteran whose Strategy West Inc. specializes in the field.
( c7 L2 M Y; I5 C6 A* {2 T
; [4 q7 i5 W! ^& c' E- jOutput from the northern bitumen belt would grow to six million barrels a day if all known projects were built on their announced schedules, Dunbar said.
* _" v3 S9 B; h& U# s1 T
d% h* X# x+ I T3 z5 s! i$ 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.9 m8 Q' Q$ ]4 Q7 H& j
# j- u/ }* `" N" e; Y# I1 r/ wWhen 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. |
|