Subj : Canadian oil
To   : Frank
From : Deuce
Date : Tue Aug 30 2005 23:34:00

  Re: Canadian oil
  By: Frank to Deuce on Tue Aug 30 2005 20:24:00

 >  > The "retort style" (ie: heating) method wasn't financially viable in the 
 >  > when crude was at the 2005 equivilent of $80/barrel.  Shell has came up w
 >  > method they claim would be viable at $25-$30/barrel though.
 > 
 >    Yes, I have seen something on this and it was in Canada they were doing
 >   it. Do you work in this industry?

No, but I have relatives that work at the oil sands in Alberta.  The albertan
oil sands are quite a bit better stuff than the Utah ones.  But they're already
booming whereas the oil shale isn't.

(They recently sold their condo for 4x what they paid for it two years before)

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