 鲜花( 1)  鸡蛋( 0)
|
Oilsands an emerging global growth star3 E i( i3 a* ^: q$ n$ S6 [
ExxonMobil forecast predicts output of four million barrels a day by 2030
, q/ T8 e$ F7 r: I/ Q: `% t$ JGordon Jaremko, The Edmonton Journal; Q, M' o; Y# n6 a- x$ o9 o2 x
Published: 2:37 am
! \( M$ o2 F ]' Q( zEDMONTON - 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." A0 ]! @7 q8 u8 b
5 Q0 W' r7 J6 e% q3 R* |! jOilsands 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.
& n" q3 m6 I( p) A0 e3 Z, [9 b( O% _! \' I% P+ |7 Q1 \
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.+ P: {% l) [& G, X! k
6 K: Y8 g% t1 U
9 R! c/ @( C6 Y, w) ]( L5 F2 G
View Larger Image
- N( Q l5 {% EGasoline prices in Edmonton were 99.9 cents per litre at many stations on Tuesday.6 L3 N9 \4 y- R1 [% p
Larry Wong, The Journal
6 O1 k" J" g2 ]. t6 g) ^5 y% ?, v' m( J: ^ e& v: H6 i+ b
Edmonton refinery postings for Alberta output Tuesday ranged from $60.74 for low-grade heavy crude to $91.11 for premium oilsands synthetic production. The Canadian benchmarks are translations of international prices, adjusted for pipeline tolls and currency exchange rates.8 X I/ F" O `6 I7 [
, B2 v' R6 A* p1 X2 }6 OExxonMobil's high oilsands expectations are realistic and reasonable, said Bob Dunbar, an Alberta industry veteran whose Strategy West Inc. specializes in the field. f' G8 H( Q; `- m( t# ^+ i8 W d
+ v; D' z! `) P& _* N1 I9 pOutput from the northern bitumen belt would grow to six million barrels a day if all known projects were built on their announced schedules, Dunbar said.
, J* b, X' h" t1 f$ X5 y% F' P! [4 J! D: z1 Z1 g& W7 r' W
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.8 c3 k& k- R" M- _& n
% R6 P& T* y2 |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. |
|