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To: grey_whiskers
Various rumors in various places seem to put the price/bbl to make extraction profitable anywhere from $30 - $60...

So far, I've not seen much progress on them.

Alberta Oil Sands have been in continuous commercial oil production for 4 decades. There are currently about $150 Billion dollars being invested in new projects and expansions.

Inventory of Major Alberta Projects
http://www.alberta-canada.com/statpub/albertaConstructionProjects/mpindex.cfm
Scroll down, select "Oilsands" and click "Submit"

Oil Sands History
http://www.syncrude.ca/users/folder.asp?FolderID=5657

Suncor oil sands operating costs averaged $21.70 per barrel during 2006 compared to $24.55 per barrel in 2005.

Suncor Energy 2006 Annual Report
http://www.suncor.com/data/1/rec_docs/1264_Suncor%202006%20Annual%20Report-bookmarked.pdf
See page 20.

90 posted on 01/08/2008 5:20:10 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney
Thanks -- this just shows how grey and out-of-it my whiskers really are.

I appreciate the links!

Cheers!

91 posted on 01/08/2008 4:45:58 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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