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To: Eagle who wrote (39320)2/18/2009 9:44:38 AM
From: Buddy Smellgood  Read Replies (1) | Respond to of 48467
 
Oil sands?



To: Eagle who wrote (39320)2/18/2009 10:08:49 AM
From: George Burdell  Respond to of 48467
 
There is a lot of oil in the Bakken, but it is not cheap to produce. From what I've read, it needs $60/bbl to be viable.

It's not oil sands, just a very deep, thin, low pressure field that wasn't technically feasible prior to horizontal drilling.



To: Eagle who wrote (39320)2/19/2009 6:39:23 AM
From: Bucky Katt  Respond to of 48467
 
Very expensive to get that sand/shale oil, need $60 a barrel to make it viable, and the stuff is very hard to refine, much less push through pipelines, and on top of all that it generates 30-40% more pollution overall than just plain old crude oil from ground to tank.

That won't fly with the Obama peeps.


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