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Economic threshold of oil from Canadian tar sands
More commonly, less accurately known as oil sands. From Canada’s Energy Future (pdf), a 2011 report from the National Energy Board. The threshold will be highly dependent on the price of natural gas.
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More on China Buying Up Canadian “Oil Sands”
Recall that American consumers are (strongly) encouraged to think of Canadian production as domestic production. CNOOC’s blockbuster deal for Nexen, if nothing else, is a stark indication of how far...
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