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#1
May 1st 08, 06:27 AM
posted to rec.radio.shortwave
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Don't buy Canadian Oil Sands oil!
The extraction and refining of Oil/Tar Sands costs 7 times more that
refining standard crude oil. Oil/Tar Sands from Alberta are not nore will they ever be a financially viable method of producing fuel. The only reason they are extracting it now is that it's subsidized by the Govt to the tune of 50%. When that goes away the whole operation will shut down. |
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#2
May 1st 08, 06:41 AM
posted to rec.radio.shortwave
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Don't buy Canadian Oil Sands oil!
Loosesolder50 wrote:
The extraction and refining of Oil/Tar Sands costs 7 times more that refining standard crude oil. Oil/Tar Sands from Alberta are not nore will they ever be a financially viable method of producing fuel. The only reason they are extracting it now is that it's subsidized by the Govt to the tune of 50%. When that goes away the whole operation will shut down. It's not just the subsidies. The companies now use mainly natural gas to get the heat to extract the oil. They buy it from themselves, cheaply, then deduct the RETAIL value of the gas as the cost of operations. This alone gets them more in profit than the minuscule royalties paid to the govt. They are getting a free ride AND have about the same compulsion to run cleanly as a Chinese operation. Scum. mike |
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#3
May 2nd 08, 03:43 AM
posted to rec.radio.shortwave
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Don't buy Canadian Oil Sands oil!
In article fKcSj.3348$PM5.2332@edtnps92, m II wrote:
Loosesolder50 wrote: The extraction and refining of Oil/Tar Sands costs 7 times more that refining standard crude oil. Oil/Tar Sands from Alberta are not nore will they ever be a financially viable method of producing fuel. The only reason they are extracting it now is that it's subsidized by the Govt to the tune of 50%. When that goes away the whole operation will shut down. It's not just the subsidies. The companies now use mainly natural gas to get the heat to extract the oil. They buy it from themselves, cheaply, then deduct the RETAIL value of the gas as the cost of operations. This alone gets them more in profit than the minuscule royalties paid to the govt. They are getting a free ride AND have about the same compulsion to run cleanly as a Chinese operation. Scum. Post this crap somewhere else Mikey. -- Telamon Ventura, California |
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#4
May 1st 08, 07:13 AM
posted to rec.radio.shortwave
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Don't buy Canadian Oil Sands oil!
"Loosesolder50" wrote in message ... The extraction and refining of Oil/Tar Sands costs 7 times more that refining standard crude oil. Oil/Tar Sands from Alberta are not nore will they ever be a financially viable method of producing fuel. The only reason they are extracting it now is that it's subsidized by the Govt to the tune of 50%. When that goes away the whole operation will shut down. Read the filings of Suncor. Oil sands are profitable when petroleum is over $30 a barrel. |
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#5
May 2nd 08, 03:43 AM
posted to rec.radio.shortwave
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Don't buy Canadian Oil Sands oil!
In article
, Loosesolder50 wrote: The extraction and refining of Oil/Tar Sands costs 7 times more that refining standard crude oil. Oil/Tar Sands from Alberta are not nore will they ever be a financially viable method of producing fuel. The only reason they are extracting it now is that it's subsidized by the Govt to the tune of 50%. When that goes away the whole operation will shut down. This is off topic. -- Telamon Ventura, California |
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