Jim Letourneau's Blog

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

Lowering Oilsands Production Costs

New technology is driving down the production costs of Canada’s oilsands. according to this article. One of the companies discussed is OPTI Canada Inc. (OPC.TO). They have patented technology that allows the upgrading of oilsands bitumen without using natural gas. OPTI Canada is a great way to play Canada’s oilsands and the chart indicates more upside could be on the way.