And yet the producers are still producing from the fields. If they were losing money they would not be doing it.She never disputed anything I wrote in my previous post. All she did was repeat what had already been addressed. She has offered no evidence in support of her opinion.You should actually read what I wrote. Instead of responding to something I didn't write.
Ding: "As for your ASSUMPTION that oil from Canada's oil sand are corrosive, I don't believe you know what you are talking about." ...
surada: "Its NOT an assumption.. Crude is graded .. Tar Sands are heavy, sour and corrosive."
Sounds like surada is responding to something you wrote ... not that I agree but surada's statement is in line with the article in the OP ... extraction and clean-up will cost more than the oil is worth ...
As for the economic viability of producing the tar sands, I think it is safe to say that the operators who invested in the project and their investors who paid for the project would disagree with you.
Tar sands are deeply discounted.. about $29 a barrel, The Keystone export pipeline would make more money for the Canadians and the Chinese at the expense of the US.
Again... this has nothing to do with the benefit we get from importing oil from our neighbors.