Tar Sands
Posted by Big Gav
This article discusses the increasing production of oil from Canadian tar sands.
I think the key things to note are:
1. Oil can be produced from tar sands (albeit with a large amount of environmental destruction)
2. The price of oil is now high enough to make it economically justifiable
3. You need natural gas to do this (and the natural gas peak, particularly in North America, isn't far off)
4. The AIP lives in another universe if they think there are 14 trillion barrels of oil out there
5. There are doubts as to whether tar sand oil production can flow fast enough to replace the oil production volume lost through post peak depletion
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