Sunday, February 24, 2013

The Value of the North American Oil Sands market will be $25.8bn in 2013

Oil sand companies have been innovating new ways for extraction of oil from bituminous resources over the past few decades. Only since 2000 did oil production from oil sand resources become a viable option and as international oil prices have risen ever since, extraction of oil through steam injection and mining has become financially profitable.

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