SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Beachside Bill who wrote (59616)8/10/2006 3:04:55 PM
From: TommasoRead Replies (1) of 306849
 
>>>another 2 trillion in oil sands in Canada that only cost $10 a barrel to pump<<<

1. You cannot pump anything directly from the tar sands. You either dig them up and cook the mixture of clay, sand, and bitumen to get the tar out--or you pump steam deep underground and melt the bitumen. Or you can use a "diluent"--a lighter oil--to dissolve the tar and make it possible to pump.

2. Costs have dropped steadily over the years, but to produce oil from the tar sands still costs about $25 a barrel, possibly somewhat less in recent months with cheaper natural gas.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News