International: Canadian outlook ///

A year ago, the signs pointed to a busy 2003, but producers were wary. Their concern proved unnecessary, as strong oil and gas prices enhanced investor interest in energy stocks, and spurred a record-smashing performance that will be tough to match in 2004. This year, price signals indicate that the bullish atmosphere could well continue, although most experts predict that drilling will not quite reach the heights seen in 2003. Nonetheless, early predictions point to what may be the second-best year on record.

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