Posted Aug 19, 2009, 3:13 PM
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Home of Hyperchange
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Join Date: Sep 2006
Location: Dynamic City, Alberta
Posts: 17,566
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Imperial's talking about an oilsands expansion that they figure will be profitable at $30 oil.
What ever happened to all the doomsayers that claimed oilsands only work with $100+ oil?
If Imperial is anywhere close to correct on this, expect another oilsands boom in short notice once capital markets finish with their shakeup.
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