 鲜花( 1)  鸡蛋( 0)
|
Oilsands an emerging global growth star! {; W/ o% A) U& F
ExxonMobil forecast predicts output of four million barrels a day by 2030
" Q6 O- b6 H0 r( A. y! R/ e5 s' F: sGordon Jaremko, The Edmonton Journal
( ]; s% r! J, C* iPublished: 2:37 am7 X `; K7 [" D: s9 s$ F
EDMONTON - As oil leaps towards a new landmark high of $100 US a barrel, the world's top investor-owned producer has singled out Alberta as an emerging global star of production growth.
0 w+ Z5 _1 r: o- [( U3 M$ b3 ^4 o. [/ d; j8 @0 a
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.# a+ H: j+ A; d
) Z: e" t: G; `, Z; POil jumped to $96.67 a barrel, up $2.69 in New York trading Tuesday on fears of global supply disruptions after storms battered North Sea production platforms and guerrillas attacked a pipeline in Yemen.
+ o7 t8 J# R6 R8 Y9 Q" B# l3 e6 Y, e( X$ }
0 e6 {! c3 ? W1 [; F+ i+ C View Larger Image
% `/ x" {) I4 ^4 B' ?Gasoline prices in Edmonton were 99.9 cents per litre at many stations on Tuesday.
3 f; X- X9 ?6 _5 x% Y/ G6 yLarry Wong, The Journal
) d! y4 B7 ?+ w0 w/ {* R
' b9 f% f2 {: O0 U. ]Edmonton refinery postings for Alberta output Tuesday ranged from $60.74 for low-grade heavy crude to $91.11 for premium oilsands synthetic production. The Canadian benchmarks are translations of international prices, adjusted for pipeline tolls and currency exchange rates.
8 h" f% O" H) n# b6 V! Q" d" `) _, B/ r) f! l$ `
ExxonMobil's high oilsands expectations are realistic and reasonable, said Bob Dunbar, an Alberta industry veteran whose Strategy West Inc. specializes in the field.8 e9 ?3 {: N P- R4 y4 n! x
# i1 k8 S1 g- Y. ]; j" vOutput 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.
1 J; H2 E% }' P/ B% I
' m1 ]- H6 x& T( XWhile 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.
, _2 R/ w$ C8 B8 C/ b' z
+ g' a- r7 u2 U ~- {0 DWhen 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. |
|