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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (36520)	7/5/1999 8:58:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 116943

Ron, Tar sand, oil sands, gas sands/domes etc are part of a continuum of ways hydrocarbons exist. Exposed oil beds get oxidised into tars. They can also be heat processed into tars and coals. There is lots of it there, it will runout in a few thousand years. As prices go higher we dig deeper. In time we will reach the price where biomass(straw etc) will be economically reactable to oil/gas/alcohol. There is a lot of biomass wasted in the forest and agro businesses now. I have not followed solvex. Currently they are processing huge volumes of tar sands every day. Canada can be self sufficient in oil for 100 years based on those tar sands alone, and there are other pockets of tar sand elsewhere in Canada and the world. Bill