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101 comments on Canadian Oil Sands Production Update

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Nate Hagens on October 30, 2006 - 12:09pm Permalink | Subthread | Comments top
Great work Khebab. I was wondering how easy it would be to assume current technology and process data and show production charts like above simultaneous with natural gas usage charts (how much nat gas is used to create each 'cleaned' barrel of oil).

I meant to ask David Hughes at ASPO that if the price per BTU differential gets high enough if there would be a switchover in policy to save the NG (gold) and curtail production of tarsands (lead). Clearly at some price this would happen.

But using the CAPP forecast of 3500kpd in 2020, how much nat gas will that use, assuming no nuclear plants have been built in the meantime and that the US miraculously can meet their NG needs from LNG and allow canada to use her gas to steam tar sands to turn into oil to sell to the US.  

Based on your charts; laundry, poker rooms, and liquor stores are still great investments in Fort McMurray (and brothels, but those require assets other than dollars)

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Khebab on October 30, 2006 - 1:32pm Permalink | Subthread | Parent | Comments top
That's a very good question, I was planning to look into Natural Gas consumption in my next update. I just need to find a good data source for NG (I have some data on Alberta's NG consumption).
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