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Gold/Mining/Energy : Peak Oil - Not If but When

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From: veritas50112/15/2009 10:33:27 PM
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The following article provides a good review of the Canadian Oil Sands and its future potential. Note the heavy reliance on natural gas to produce oil as an end product. In fact, as the article notes, the demand for energy to process the tar sands is so great, building a nuclear power plant has been actively considered. [For those who have been following the oil industry, the author's wry humor will be evident]:

Canadian Oil Sands Misses Unrealistic Projection – Issues Another

energybulletin.net
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