Something's Brewing at Oilsands Quest Inc. [View article]
The tar sands oil production cost per barrel is estimated at $70/bbl., which is the most expensive barrel of oil that can be produced that meets global demand. Crude oil is around $50/bbl. With oil prices around $140 (and rising?), can you see the acceleration in bringing this to market?
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The tar sands oil production cost per barrel is estimated at $70/bbl., which is the most expensive barrel of oil that can be produced that meets global demand. Crude oil is around $50/bbl. With oil prices around $140 (and rising?), can you see the acceleration in bringing this to market?
Jun 16 10:15 am
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