
"Syncrude Canada Ltd, a joint venture project in northern Alberta at which mined oil sands bitumen is upgraded into refinery-ready synthetic crude has a break-even production costs of C$57 ($43.46) a barrel, according to a presentation from Siren Fisekci, vice president of investor and corporate relations."
Oil projected to sell at $25 a barrel, coming soon.
Canada, Iran and Venezuela getting hosed daily.
Canada should be kissing Obama's hind end...for the 'Millstone' pipeline.