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We have our own oil, the Tar sands, oil shale.....,
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reply posted on 3-4-2007 @ 03:47 PM by
edsinger
That is so true, but if the process can be done for lets say $50 a barrel, then you can bet it will be done.
I think the tar sand cost is now around $18-20, and look at it go....just check the stock of those companies.
Suncor Energy Inc (NYSE:SU)
reply posted on 4-3-2008 @ 05:51 PM by
sickleye
For the moment it seems that all extraction processes require water. How would we get this water? Currently we are struggling to keep water pumps going just to ensure a stable natural gas supply.
It seems that extracting that oil from shale and sand needs a different method. We simply cannot spare the water at the moment.
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