Re: ...and if there is war in the Persian Gulf...
Author: C&OC
Date: 02-09-2012 - 00:03
We have already merged. The oilsand operations are by lease. Syncrude one of the larger companies there is an Americam corporation along with Marathon oil and others. Once the oil is extracted it has to go someplace. With the expected ramp up in supply from North Dakota and Texas maybe we could have a potential glut. Wishful thinking!