Call it investing through the looking glass or sympathetic fallacy, the temperature and mood at PDAC 2010 could not have been more different than last year’s convention. An increase in the number of attendants, the weather outside and the mood of the market combined to create a great sense of optimism among this year’s participants.
Crude Investing News reports crude oil is expected to double in the next 30 years. For several years, the forecasted growth in Canadian crude oil supply, primarily due to the development of the Alberta oil sands, led industry to conclude there was an urgent need for additional pipeline capacity to connect to new and expanded markets. [...]
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