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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bearcatbob who wrote (151186)5/15/2011 10:48:56 AM
From: Dennis Roth  Read Replies (1) of 206131
 
>> Does anyone know what the economics of upgrading the to a better refinery feed stock are? <<

I think that depends on the coking capacity of the mid-west
refiners receiving it and the cost and availability of diluents
for transporting the bitumen. I think, improved coking
capacity at many refiners is making upgrading the bitumen less
important, although I can't lay my hands on a reference to
back that up.

>> . Once upgraded the opposition to the transport of the oil via pipeline should be hugely mitigated. <<

Much of the opposition is based on the perception that the
production of the bitumen is "dirty," tailing ponds, CO2
emissions, etcetera. Upgrading only releases more CO2. There
is no post-production treatment process that can make the
Canadian fossil fuels green enough to overcome the opposition
of the green-renewable fuels lobby to granting pipeline
permits.
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