Wednesday, January 16, 2008

Influences on Oil Sands Development
















There are 8 factors that will influence whether the oil sands become a conventional global source of crude oil and promote Canada to the country with the second highest crude oil reserves.

Detractors
  1. Market Development and Pipelines

  2. Rising Capital and labor costs

  3. Rising Operating Costs

  4. Managing Environmental Impact

Promoters

  1. High Crude Oil Prices

  2. Rising Global Energy Demand

  3. Technology Innovations

  4. Stable Investment Climate

No comments: