September 06, 2006
OIL
Interesting discussion going on about oil and the future of our energy. Also found via Hud, who always finds the good stuff.
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Posted by: Sarah at
06:38 AM
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Haven't read all the comments, but on the plane over I saw a real interesting episode of 60 Minutes and it talked about oil pressed out from sand. Apparently up in Northern Canada there is loads of this stuff, which before wasn't profitable to extract. But now with gas prices so high it is a veritable option. A huge sign to the profitablity is that many American oil concerns have started investing into it. And there is enough that it actually produces enough to seriously compete with Saudia Arabia.
http://www.cbsnews.com/stories/2006/01/20/60minutes/main1225184.shtml
Pretty interesting.
Posted by: calivalleygirl at September 06, 2006 07:08 AM (deur4)
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