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


To: Tommaso who wrote (25790)2/3/2005 1:50:53 AM
From: Jim Willie CB  Respond to of 110194
 
that $9 figure is according to Myers, as I recall
the Canadian energy expert
that figure was from 2002
Stanford Univ engineers at work in two-level horizontal process
what began as $20-22 per barrel is now under $10

/ jim



To: Tommaso who wrote (25790)2/3/2005 9:44:21 AM
From: Knighty Tin  Read Replies (2) | Respond to of 110194
 
Mu understanding is that the all-in cost of producing oil from the sands is closer to $25 a barrel and can be as high as $35.