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Norwegian oil is vastly cheaper to extract and deliver to willing customers than Canadian oil sands. Canadian oil requires prices to be close to $100 a barrel t
by yostrovs 5y ago
Norwegian oil is vastly cheaper to extract and deliver to willing customers than Canadian oil sands. Canadian oil requires prices to be close to $100 a barrel to break even.
- Scoundreller 5y agoIt requires a lot of energy to extract, but when you’re the extractor of that energy in the first place, your costs ride up and down as your selling price does. To date, no oil sands operation has shutdown.