From I know of Suncor, it's a little more than just a "pilot," this company has a market cap that runs a little over $9 billion. They produce about 130,000 barrels of oil per day, and with the "Project Millennium," ($2.8 billion expansion) they will be producing 230,000 barrels of oil per day by November of this year. The corporate goal, according to the annual report, is to achieve 450,000 barrels of oil per day by 2008.
www.suncor.com
Sticking with tarsands (no pun intended) Shell is building a $3.5 billion oil sands plant in Athabasca that will add 155,000 barrels of oil per day by 2002.
www.shellcanada.com
Syncrude is Canada's largest single source of crude oil and the world's largest producer of oil from oil sands, is producing 200,000 barrels of oil per day. With approval from regulators to go ahead with a $4 billion expansion that will bring production up to 360,000 barrels of oil per day by 2005.
www.syncrude.com
If you add up those numbers, the impact would be more than minimal.
Regards
Frank P. |
