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To: saganite
Except for the fact that it's expensive to extract

Expensive at $30/barrel of oil, but at $50, $60 and up, companies are getting in line to invest.

22 posted on 01/24/2006 5:36:34 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

The cutoff to profitably extract heavy oil from oil sand is $29/barrel.

The oil sands have been profitable for quite some time.


85 posted on 01/24/2006 3:40:58 PM PST by beaver fever
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