By Duncan Sutherland – Exclusive to Heavy Oil Investing News Canada: Upgrader is going up later than usual this week because of the Canadian Federal Election and the American Presidential debate. Now that these two events are a matter of record, there is much good news for the heavy oil and oil sands industries. First, [...]
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Sunday, August 17, 2008
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
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Thursday, October 16, 2008