Marlon, Thanks for keeping a keen eye to counter the bogus ideological propaganda on Goanet.
Cheers, Santosh --- On Mon, 7/7/08, Marlon Menezes <[EMAIL PROTECTED]> wrote: > > Anyone who calls these guys whako environmentalists, is probably a bigger > >whako himself! > > As far as some of the so called oil reserves such as > shale oil, the issue is cost and yield. One only has > to look at the richer tar sands in Alberta. They are > profitable only when oil prices are greater than > 80-100$ as is the case now. Current world oil > consumption today is around 88 million barrels per > day, while actual production from these tar sands is > in the hundreds of thousands range - a drop in the > barrel so to speak. These marginal sources will not > make much of an impact in overall prices. >
