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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (9156)4/30/2007 2:30:41 AM
From: frankw1900Read Replies (1) | Respond to of 24758
 
According to the story I read mining tar sands costs @$100,000 - 128000 per flowing barrel, 20000 - 30000 for SAGD, and 10000 - 15000 for THAI at present.

These are remarkable differences and I'm thinking further technological improvements could drop tar sands costs even more. Perhaps I'm being too fanciful but I should think oil price right now should generate quite a lot of research among companies with oil sands interests.

Why does tar sand recovery need government subsidy?

What government subsidy are you thinking of? They get an accelerated depreciation allowance, is there some other?