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Old 09-17-2008, 06:39 AM   #49
Flames89
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Join Date: Aug 2003
Location: Toronto, ON
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Looks like I was wrong...
http://www.theglobeandmail.com/servl...ry/energy/home

Quote:
A new steam injection project now requires oil at $70 a barrel to make money. For a mine, which includes an upgrader to turn the bitumen into synthetic oil, $85 a barrel is needed for a project to make money, National Bank Financial said earlier this month.
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