Petro-Canada Announces New Oil Sands Breakeven: $50 a Barrel [View article]
As I expected, oilsands are starting to turn into a more expensive proposition than they appeared. The enormous environmental problems have yet to be dealt with. Ever increasing tailing ponds and huge amounts of fresh water needed to process oil sands are not going to make this sythetic crude a cheap product.
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As I expected, oilsands are starting to turn into a more expensive proposition than they appeared. The enormous environmental problems have yet to be dealt with. Ever increasing tailing ponds and huge amounts of fresh water needed to process oil sands are not going to make this sythetic crude a cheap product.
Jul 16 10:06 am
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All Comments by erniem »Petro-Canada Announces New Oil Sands Breakeven: $50 a Barrel [View article]