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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (388650)6/5/2008 7:30:07 AM
From: Brumar89  Read Replies (1) | Respond to of 1577900
 
You are not understanding the implications of this:

"Venezuela's Orinoco tar sands are less viscous than Canada's Athabasca oil sands – meaning they can be produced by more conventional means..."

It isn't necessary to surface mine them. Cyclic steam injection aka huff and puff works. The VZ oil sands are an imminently exploitable resource - yes, trickier than than conventional resources but doable. The tricky part is why VZ invited foreign companies back into the country in the '90's - they needed technological help.

And remember, the source you posted noted that the VZ oil sands contain the energy equivalent of all the conventional oil reserves of the rest of the world. A very big resource being under-exploited because of Hugo's ineptness and political games.