EDMONTON -- It seems Edmonton Oilers owner Daryl Katz is throwing in the towel, on this season at least. In a letter to Oilers fans posted on the NHL teams website, Katz says its very likely the club will miss the Stanley Cup playoffs for an eighth straight season. Katzs statement comes with Edmonton still having more than 30 regular-season games yet to play. However, Edmonton (15-30-6) certainly faces an uphill battle in its quest to return to playoff contention. The Oilers are last in the Western Conference standings, 23 points behind Minnesota (27-19-5) and Vancouver (25-16-9), who are both tied for seventh. "I know this will almost certainly be the eighth consecutive year since we made the playoffs," Katz wrote. " I hate that fact as much as anyone, but the reality is that this is only year four of the rebuild that started when we drafted Taylor Hall. "The good news, if you can call it that, is that other teams that committed to fundamental rebuilds went through the same kind of droughts over the same kind of time frames, or longer. That doesnt make it fun for anyone; it just means we have to stay the course." The Oilers struggles have prompted suggestions the team needs to make a big trade but Katz said the franchise isnt interested in mortgaging its future with a reactionary move. "But I can also tell you that we are not going to sacrifice the future by doing something short-term," he said. "Those days are over and theyre not coming back. "If were going to rebuild, we want to do it right and we only want to do it once." Katz also defended Kevin Lowe, the former Oilers standout defenceman who has steadily risen through the ranks of the organization despite the team not making the playoffs since reaching the Stanley Cup final in 2005-06. In the space of the last 15 years, Lowe has moved from assistant coach to head coach to general manager and is now the clubs president of hockey operations. "Kevin is a big part of our organization, and its not just the Oilers that value his knowledge and perspective," Katz said. "He is consistently chosen, year after year, to play a leadership role with Hockey Canada. "But when it comes down to it, this is Craig MacTavishs team. He is the GM. He makes the calls, and he is accountable for building a team that can compete for the Stanley Cup -- year in and year out for years to come. Thats our vision. We are committed to it -- and were confident that we are on the right track." And Katz asked Oilers fans to remain patient with the hockey club. "Our fans have been incredibly patient and supportive," he said. "At the same time, we know theres a lot of frustration and we are asking you to hang in there while we fight through this and put the next few pieces of the team in place. "Ill tell you this, despite everything, we all wear our Oilers colours with the same pride now as we ever have, and as we will when were back on top. We hope youll do the same. " Daryl Katzs message to fans To Oilers Fans Everywhere: We all thought this was going to be the year the Oilers turned the corner. Obviously, that hasnt happened, and it hurts. Its frustrating – for all of us. For our fans, for our players and staff, and for everyone in our community who shares a common bond around a game, a team and a city that we love. I know this will almost certainly be the eighth consecutive year since we made the playoffs. I hate that fact as much as anyone, but the reality is that this is only year four of the rebuild that started when we drafted Taylor Hall. The good news, if you can call it that, is that other teams that committed to fundamental rebuilds went through the same kind of droughts over the same kind of time frames, or longer. That doesnt make it fun for anyone; it just means we have to stay the course. Yes, we hoped and expected to be better this year – theres no question about that. But weve also been more active than any team I can think of in rebuilding our organization from bottom to top by supporting player development in OKC and Bakersfield, revamping our scouting organization, naming a new GM and a new coach, signing free agents like Justin Schultz, Boyd Gordon, Andrew Ference, Anton Belov and Ilya Bryzgalov, and trading for players like David Perron, and now Ben Scrivens and Matt Hendricks. And were not done. But I can also tell you that we are not going to sacrifice the future by doing something short-term. Those days are over and theyre not coming back. If were going to rebuild, we want to do it right and we only want to do it once. I hear a lot from fans about accountability, so lets be clear. We are all accountable. That includes me, Kevin, Craig, Dallas, every player who wears our jersey, and every member of our staff. I know Kevin is the target of a lot of personal attacks right now, and thats really unfortunate. Kevin is a big part of our organization, and its not just the Oilers that value his knowledge and perspective. He is consistently chosen, year after year, to play a leadership role with Hockey Canada. But when it comes down to it, this is Craig MacTavishs team. He is the GM. He makes the calls, and he is accountable for building a team that can compete for the Stanley Cup -- year in and year out for years to come. Thats our vision. We are committed to it -- and were confident that we are on the right track. Our fans have been incredibly patient and supportive. At the same time, we know theres a lot of frustration and we are asking you to hang in there while we fight through this and put the next few pieces of the team in place. Ill tell you this, despite everything, we all wear our Oilers colours with the same pride now as we ever have, and as we will when were back on top. We hope youll do the same. We value our fans, we hear you, and we appreciate your support. Daryl Katz NHL Jerseys China . 17.A string of English Premier League teams, most in the lower end of the standings, has been linked to the 32-year-old forward but most have seemingly balked at the cost given his wages and transfer fee. Wholesale NHL Jerseys China . -- Zach Johnson is like most players at the World Challenge, not sure whether hes still playing in 2013 or if hes in the middle of the new wraparound season that officially started in October. https://www.chinanhljerseys.us/ . The right-hander said he threw about 30 pitches in a routine bullpen session Sunday at Yankee Stadium, his final hurdle before starting Tuesday night at Tampa Bay. Custom NHL Jerseys . 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