- The Energy Mix - https://www.theenergymix.com -

Three-Quarters of Tar Sands Producing at a Loss

More than three-quarters of Alberta tar sands output of 2.2 million barrels of crude is being produced at a loss at current prices, shows analysis from TD Securities, though production is unlikely to halt. It means only about 450,000 barrels per day are profitable at current prices.

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