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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Power of the Pits

Wired Magazine featured the The Trillion-Barrel Tar Pit back in July, 2004. It describes how much effort it takes to exploit Alberta's lower grade oilsands.

It is no secret that China is extremely interested in securing oil supplies. There are some interesting consequences if an oil-sands pipeline to the west coast gets built... China Negotiating for Canadian Tar Sands as Crude Oil Source provides some interesting food for thought.

There are speculative opportunities coming down the pipe. Michael Brush's recent MSN Money column had a few ideas on how to profit from China's Oil Hunt.

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