Oil reserves are a function of price

email Email  Print Print   Reproduction
Sun, Aug 17, 2008
Heavy Oil Market News
Post by Melissa Pistilli, Heavy Oil Senior Reporter

Oil reserve totals depend on the price of the oil. The reason for high oil prices is due to artificial supply constraints. There are large reserves of “heavy oil” which could be recovered for less than $50 a barrel.

For more information on this story, click here

All content Copright 2011 Dig Media Inc. Disclaimer

Please see the comment policy for information on comment moderation.
Acquisition agreement Alberta arabia baytex BP calgary Canada canadian connacher energy entire press financial heavy oil Heavy Oil Company News heavy oil futures heavy oil investing heavy oil market Heavy Oil Market News heavy oil news heavy oil price heavy oil value imperial investment ivanhoe oil oilsands petrobras press release price prices production profit project quest refinery reserves results sands saudi suncor total upgrade venezuala venezuela
Asides

Get our exclusive independent commentary on heavy oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information