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Old 04-19-2012, 11:00 AM   #2836
Knalus
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Quote:
Originally Posted by Slava View Post
I added to your statement to make it a little more accurate.
Just how "easy" do you think it is to make a buck on the oilsands? Alberta has resources, but they are amongst the worst petroleum resources in the world. There are a lot of oilsands in different places around the world - Venezuela, Madagascar, Utah. None of them are economic. Venezuela's is larger, better grade, in a country with a longer history of oil production. It isn't profitable because it isn't in Alberta.
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