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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (8494)	2/23/2004 3:06:36 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

he is way way off, dealing with 7-yrold info production of tar sands oil is now costing under $9/bbl it comes down every year from advancing the techniques they are working now with twin level horizontal methods upper horiz pipes deliver pressured steam lower horiz pipes catch the heavy hydrocarbons the steam reduces the size of the very large molecules something like 200 carbon elements per large molecule heavy tar has largest count on any hydrocarbon on earth I am real proud of Stanford Univ engineers they did great work great source of technial info is Myers of Canada he runs a letter called "Outstanding Investments" the guy is topnotch, on top of all developments he raved about Suncor back in 2002 / jim