Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: HamiltonJay

I was watching a discovery channel program the other day about the Canadian tar sands extraction work and they made a very good point. The sunken costs for the start up are the major expense and once that hurdle has been cleared the extraction process is relatively cheap. Of course, you've got to get someone to eat those start-up costs and the only entity likely to do that would be a government.


31 posted on 09/02/2005 6:02:20 AM PDT by Arkie2 (Mega super duper moose, whine, cheese, series, zot, viking kitties, barf alert!)
[ Post Reply | Private Reply | To 8 | View Replies ]


To: Arkie2
Of course, you've got to get someone to eat those start-up costs and the only entity likely to do that would be a government.

Traditionally oil companies form a consortium to spread the risk involved in exploiting a new field. Many overseas oil companies are essentially arms of their national governments, however.

44 posted on 09/02/2005 6:23:41 AM PDT by Tallguy
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson