Replies to post #338339 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

You do not have much faith in technological development.

[si39]

http://www.opticanada.com/optiFlash.php

One Canadian oil sand pure play.
Their chief risks are construction cost overruns, Site labor heavily unionized. last couple of oil sand projects were 200-300% overbudget.

But like Zeev said before, current technology make oil sand economically feasible if prices are projected for mid 20s and construction are within budgets.

[Fridolin]

Canadian shale

The problem is the net energy budget is less than 10%

How do the 90% break down?