Originally Posted by delt4cy
When price/barrel gets up in the higher 100's the same thing will go for Canada's massive oil tar fields.
The Canadian tar fields will become profitable to extract oil and if/when it comes to that, Canada will potentially be one of the largest producers of oil. (I think they already are but their influence will become much greater)
Then on the other hand, China's growing demand for oil will probably cancel that out and we'lll be right back to where we are heading now.
Is this where they squeeze the oil out of a sandy soil?