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TO add to this I believe at ~60$/barrel the oil sands become economically feasible. So we're not a big factor today but as soon as the easy fracking fields star
by RandyRanderson 10y ago
TO add to this I believe at ~60$/barrel the oil sands become economically feasible. So we're not a big factor today but as soon as the easy fracking fields start to dry up and the oil costs rises a bit we're going to be right back in the game!
- narrowrail 10y agoSuncor, one of the largest players in tar sands oil said in one of their earnings call transcripts that their cost was $30/barrel. I can dig it up if you need a citation, but it was right around the time the WTI dropped below $30.
- RandyRanderson 9y agoYou're probably right. Thanks!