Experienced investors know that investing conditions can sometimes shift quicker than the sands in the Sahara desert. All key economic and sector fundamentals can line-up, and then...up pops the unexpected to objectively change conditions. Case in point: Oil sands.
Originally viewed as a viable source of increased oil reserves, sentiment on Canada's vast oil sands soured as it became clear that, in addition to the fossil fuel's above-average extraction/processing costs, the energy form also produced extensive land, water, and air pollution. Oil sands is cleaner than coal, but not as clean as most forms of natural gas and oil.
Continue reading Deepwater Gulf Spill May Create New Era for Oil Sands
Deepwater Gulf Spill May Create New Era for Oil Sands originally appeared on BloggingStocks on Tue, 20 Jul 2010 17:00:00 EST. Please see our terms for use of feeds.
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Canada - Energy - Sahara - BloggingStocks - Natural gas
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