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New Tar Sands Projects Can Be Economically Viable

Clipped to the Drawing Board by Administrator  
Tar sands are a mixture of hydrocarbon-rich bitumen mixed in sandstone layers. When the hydrocarbons are separated, the bitumen released is a heavy, black and sticky semi-liquid of high viscosity. Today, SRI Consulting published its new Heavy Oil from Tar Sands report, a technical and economic analysis of production processes, capital and operating cost estimates, important issues that impact the industry, and key drivers for success and failure.
Author and Senior Consultant Anthony Pavone commented, "With rational engineering and prudent business decision making, grass roots tar sands projects should be economically viable at benchmark crude oil prices below US$60 a barrel."
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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/

Friday 19 December, 2008 12:08 AM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson