To: Alberta's Child
Would they even be able to produce oil from tar sands at $15 a barrel?
3 posted on
11/13/2018 9:19:47 AM PST by
hinckley buzzard
(Power is more often surrendered than seized.)
To: hinckley buzzard
“a U.S. federal judge blocked the construction of the Keystone XL pipeline.”
When did this happen? I thought it was moving forward.
4 posted on
11/13/2018 9:26:57 AM PST by
gibsonguy
To: hinckley buzzard
No they wouldn’t combined with the cost of rail being $15 they will lose money to produce it....
5 posted on
11/13/2018 9:28:21 AM PST by
Hogblog
To: hinckley buzzard
“Would they even be able to produce oil from tar sands at $15 a barrel? ”
Nope. Even if the Keystone should be built not much Canadian oil would flow through it. US Frackers are kicking butt.
12 posted on
11/13/2018 10:36:16 AM PST by
snoringbear
(,W,E.oGovernment is the Pimp,)
To: hinckley buzzard
Not only would they lose money to produce and ship it.... eventually they would have to begin doing write-downs on the value of their reserves.
22 posted on
11/13/2018 11:12:50 AM PST by
kjam22
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson