Sentences with phrase «viable at current oil prices»
Not exact matches
At that price, not only are plans to double output from the oil sands no longer commercially viable, but current production levels also come into question.
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The conventional oil alternatives (oil sands, deepwater, oil shale, biofuels) don't have the same level of pure energetic value of those of the past, and this is the reason that oil prices must remain at current levels in order for new oil supplies to remain viable.