Sadly, energy production is one of the most intensive uses of energy, and the return ratio gets worse every year. We simply have to get off the non renewable merry go round. Any project started in this century probably has no profit margin @ $70/barrel. ANWR and offshore drilling are just too big a capital risk for returns in the next 3 -5 years.
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Sadly, energy production is one of the most intensive uses of energy, and the return ratio gets worse every year. We simply have to get off the non renewable merry go round. Any project started in this century probably has no profit margin @ $70/barrel. ANWR and offshore drilling are just too
Oct 22 10:41 am
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All Comments by pockyclips 2020 »Whither Canada's Tar Sands? [View article]
big a capital risk for returns in the next 3 -5 years.