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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (7496)10/25/2001 4:58:40 PM
From: Alastair McIntosh  Read Replies (2) | Respond to of 281500
 
Regarding production costs of oil for oil sands:

Since 1992, Suncor has reduced cash operating costs at Oil Sands by 25 per
cent, enabling us to produce a barrel of oil for about $12.50. Our goal is to
lower costs even further, and become one of the lowest cost oil producers in
North America.

suncor.com

The above cost is CDN $; cost in real money is about $8.00/bbl.