jjason: If there really is a reason, it might be that the oil sands operation needs lots of hydrocarbon energy.
FP Trading Desk: It sounds like the joint venture will use in situ extraction. I am skeptical about in situ extraction; isn't anyone else? For just one example, what fraction of the oil is recovered? How does that compare with the alternative of surface mining, in which the "dirt" is loaded into a truck and carried to an onsite factory. I have never seen recovery data for either method. An investor should be more than curious.
Fitz, your hostility toward Bush is misplaced. It should be directed at Congress. Congress has all the power. It can keep the president on a short leash if it wants to. Congress can cow the Supreme Court, too. Congress has all the power, so it has responsibility for all of the federal government's actions and inactions. Don't give the president responsibility without authority. Remember: Congress has all the power.
Integrated Oil Spin-Off Propels EnCana's Growth [View article]
FP Trading Desk: It sounds like the joint venture will use in situ extraction. I am skeptical about in situ extraction; isn't anyone else? For just one example, what fraction of the oil is recovered? How does that compare with the alternative of surface mining, in which the "dirt" is loaded into a truck and carried to an onsite factory. I have never seen recovery data for either method. An investor should be more than curious.
The Economics of Political Spin [View article]