[Vision2020] Companies dig deep for Canada's oil

[Ken]

Just heard this story (4 Aug 2010) on American Public Media:

http://marketplace.publicradio.org/display/web/2010/08/04/pm-companies-dig-deep-for-canadas-oil/ 

Bob Moon: Let's drill a bit further now into a story we began yesterday about 
the exploitation of vast oil resources in Canada. It's not actually oil in 
the ground, but a hydrocarbon known as bitumen. It has to be separated from 
the oil sands, before it's turned into synthetic crude. An estimated 170 
billion barrels could be produced up in the northeast corner of Canada's 
Alberta province. Only Saudi Arabia can top that number. But most of the 
stuff in Alberta is buried too deep for traditional mining techniques.

But as Marketplace's Sean Cole reports, where there's a decent profit margin, 
there's a way.

And here is the link to yesterday's show (3 Aug 2010):

http://marketplace.publicradio.org/display/web/2010/08/03/pm-extracting-oil-from-canadian-sand-pits/


Ken