 鲜花( 1)  鸡蛋( 0)
|
Oilsands an emerging global growth star% t( Z# h, A% N! m) [; p
ExxonMobil forecast predicts output of four million barrels a day by 2030% f- |' \1 [# S1 s# w% ~+ w3 b: ?1 N6 k, M
Gordon Jaremko, The Edmonton Journal
3 ]7 j. ]: G. \Published: 2:37 am O- J' R0 H6 S A$ ^, D
EDMONTON - As oil leaps towards a new landmark high of $100 US a barrel, the world's top investor-owned producer has singled out Alberta as an emerging global star of production growth.$ ~) z& W, |9 n% u, s! q
3 K* B- D. Z! ^/ gOilsands 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.
* d8 K' p' U W1 c; e" s
4 m# q) P1 H/ \$ K6 C% ?Oil jumped to $96.67 a barrel, up $2.69 in New York trading Tuesday on fears of global supply disruptions after storms battered North Sea production platforms and guerrillas attacked a pipeline in Yemen.- }3 C: @: `0 `2 w0 ~& K% I, Y
4 D) @! T \0 U0 J! u
( T5 K5 l% O2 J, o: S' a" u. @7 t View Larger Image7 R; Q2 {" Z- [" [9 ]
Gasoline prices in Edmonton were 99.9 cents per litre at many stations on Tuesday.
8 R+ t2 N& `3 Q" y. c& WLarry Wong, The Journal0 w# h, L; ^$ M9 e; E' A6 f
0 S7 B+ b0 P# q9 l& P8 Q
Edmonton refinery postings for Alberta output Tuesday ranged from $60.74 for low-grade heavy crude to $91.11 for premium oilsands synthetic production. The Canadian benchmarks are translations of international prices, adjusted for pipeline tolls and currency exchange rates.
. r# r5 ^, Z& T5 K7 y1 [$ U d& L4 W* g
ExxonMobil's high oilsands expectations are realistic and reasonable, said Bob Dunbar, an Alberta industry veteran whose Strategy West Inc. specializes in the field.
3 j! [" Z0 l9 ^* b% \
0 j' `, J! ~* h* hOutput 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.% o' z9 H: L* D7 C
: D0 ~: Z" z% W8 |" I
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 w6 x- r. _: q3 d }$ C6 C( l) c$ E! J* j3 e( S' ^; o( p- P. [; H
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. |
|