Quote:
Originally Posted by Resolute 14
Also, it's long been said the Oil Sands needs $80+ oil to be profitable. WTI has only been over that level for about six years or so in that entire time. Not a lot of time - yet - to turn profits. I would guess oil sands so far is mostly losses anticipating future payout.
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Not nearly as long as the oil sands have been around - although increasing production means that aggregate data will be weighted towards the recent.
Also, GGG, "laundry"? As in dirty laundry, baggage, skeletons?