Joe Street wrote:
Yes but this is difficult and expensive oil. The energy budget for its
production is not pretty. The facilities for sure do exist to process it
but I understand that production rates currently vary directly with the
market price of crude. Canada is sitting on the proverbial gold mine
and when the production shortfalls really hit in Saudi Arabia then and
only then will we see a serious and large scale effort to extract these
reserves as they will be profitable and the market will have little
choice but to bear the cost at that time. How will our neighbors treat
us then I wonder?
J
One provision of NAFTA requires Canada to supply energy to the United
States, even if that means shorting Canadian consumption. I had a
client who designed the facilities that extract shale oil, and he told
me that investment in this technology is booming right now. Demand
for oil from shale is expected to increase tremendously in the near term.
I have heard many people complain that extracting oil from shale is a
messy business, and I'm glad I don't live in Alberta!
robert luis rabello
"The Edge of Justice"
Adventure for Your Mind
http://www.authorhouse.com/BookStore/ItemDetail.aspx?bookid=9782>
Ranger Supercharger Project Page
http://www.members.shaw.ca/rabello/
_______________________________________________
Biofuel mailing list
Biofuel@sustainablelists.org
http://sustainablelists.org/mailman/listinfo/biofuel_sustainablelists.org
Biofuel at Journey to Forever:
http://journeytoforever.org/biofuel.html
Search the combined Biofuel and Biofuels-biz list archives (50,000 messages):
http://www.mail-archive.com/biofuel@sustainablelists.org/
