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Re: TFA post# 69735

Monday, 08/14/2006 11:11:06 AM

Monday, August 14, 2006 11:11:06 AM

Post# of 360919
Production may peak for the moment but...

they have an estimated 1.3 trillion barrels of oil in the Canadian sands that cost about $50/barrel to bring to market. There is no doubt in my mind that with sustained prices of greater than $50 dollars/barrel, explorers will start producing those sands more intensely.

Trillion above was not a mistake either.

A wise man never plays leap-frog with a unicorn.