Posted Jan 10, 2014, 6:50 PM
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Moderator
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Join Date: Nov 2005
Location: Toroncouver
Posts: 12,646
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Sounds pretty fancy. In all honesty I have no knowledge on the technical engineering side of the business, I'm a real estate guy and only really know the overt and latent demand drivers in the markets I operate, one of which happens to be Alberta.
I fully anticipate innovation in the sector to reduce per barrel costs, however I can't envision a scenario where they are able to compete dollar for dollar with basic well extraction so I would still think demand shock will continue to disproportionately effect the oil sands. That said I don't see demand going anywhere but up in the next decade with your standard dips and boosts along the way of course.
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