With the current price of synthetic crude oil sometimes dipping as low as $ 30 per barrel, a company that has paid off its infrastructure can still make a profit. (dirtyoilsands.org)
The ERCB is projecting the production of synthetic crude oil from bitumen to almost triple over the forecast period. (greencarcongress.com)
Upgrading The process of heating, distillation, and hydrogenation that turns bitumen into synthetic crude oil for refining. (discovermagazine.com)