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Old May 1st 08, 08:13 AM posted to rec.radio.shortwave
David Eduardo[_4_] David Eduardo[_4_] is offline
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First recorded activity by RadioBanter: Jun 2007
Posts: 1,817
Default Don't buy Canadian Oil Sands oil!


"Loosesolder50" wrote in message
...
The extraction and refining of Oil/Tar Sands costs 7 times more that
refining standard crude oil. Oil/Tar Sands from Alberta are not nore
will they ever be a financially viable method of producing fuel. The
only reason they are extracting it now is that it's subsidized by the
Govt to the tune of 50%. When that goes away the whole operation will
shut down.


Read the filings of Suncor. Oil sands are profitable when petroleum is over
$30 a barrel.