We have our own oil, the Tar sands, oil shale.....

That is so true, but if the process can be done for lets say $50 a barrel, then you can bet it will be done.

I think the tar sand cost is now around $18-20, and look at it go....just check the stock of those companies.


Suncor Energy Inc (NYSE:SU)

For the moment it seems that all extraction processes require water. How would we get this water? Currently we are struggling to keep water pumps going just to ensure a stable natural gas supply.

It seems that extracting that oil from shale and sand needs a different method. We simply cannot spare the water at the moment.