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by Stockwatch Business Reporter

West Texas Intermediate crude for October delivery lost $1.61 to $61.87 on the New York Merc, while Brent for November lost $1.49 to $65.50, both benchmarks notching a weekly loss (all figures in this para U.S.). Western Canadian Select traded at a discount of $10.50 to WTI, up from a discount of $12.10. Natural gas for October lost two cents to $3.04. The TSX energy index lost 4.80 points to close at 273.43.

The oil patch spent an otherwise quiet Friday buzzing over an unconfirmed article in The Globe and Mail about a draft list of 32 major infrastructure projects -- a full 14 of which are energy related -- that the federal government may deem eligible for fast-tracking. The Globe was quick to emphasize that the document is based on proposals that Ottawa has received from premiers and other parties and should not be viewed as a definitive list of approved candidates. The document does, however, "provide a sense of the options on the government's radar."

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