Changes in certain factors and market conditions could potentially impact Canadian Oil Sands’ outlook. The following table provides a sensitivity analysis of the key factors affecting the Trust’s performance. In addition to the factors described in the table, the supply/demand equation for synthetic crude oil in the North American markets could impact the price differential for SSB relative to crude benchmarks; however, this factor is difficult to predict and quantify.
| Annual Sensitivity |
Cash from Operating Activities Increase |
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| Variable1 | $ millions | $/Unit | |
| Syncrude operating costs decrease | Cdn$1.00/bbl | 31 | 0.07 |
| Syncrude operating costs decrease | Cdn$50 million | 14 | 0.03 |
| WTI crude oil price increase | US$1.00/bbl | 31 | 0.07 |
| Syncrude production increase | 2 million bbls | 30 | 0.06 |
| Canadian dollar weakening | US$0.01/Cdn$ | 20 | 0.04 |
| AECO natural gas price decrease | Cdn$0.50/GJ | 15 | 0.03 |
| 1An opposite change in each of these variables will result in the opposite cash from operating activities impacts. | |||
| 2007 Outlook |  Print This Section |
Review of Alberta Oil Sands Royalty |
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