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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%4:00 PM EST
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To: SG who wrote (27132)12/31/2007 10:44:31 AM
From: KyrosL  Read Replies (2) of 219995
 
According to Syncrude, they consumed 1.5 million BTU per barrel of oil produced -- most of it for cooking the oil sands with natural gas. Since a barrel of oil has about 6 million BTU, the ratio is 25%, which is about what I remember from long ago when I bought COS. This energy probably does not include the energy expended for building the processing facilities etc. so the overall energy ROI is less than that, but not by much.

sustainability.syncrude.ca
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