Thursday, June 24, 2010

Investorideas.com - It's THE Most Profitable Oil in North America–And It's Just Getting Started

Investorideas.com - It's THE Most Profitable Oil in North America–And It's Just Getting Started

Visit this company: www.oilandgas-investments.com
June 24, 2010 (Investorideas.com energy stocks newswire) - Few investors realize that one sector of the heavy oil market is the most profitable oil in all of North America – it's called cold flow heavy oil. Think of it as light heavy oil, thick and gooey enough that it needs a pump to get out of the ground, but no so thick that it needs expensive heating to make it flow – hence the name cold flow.
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And the recent BP disaster in the Gulf of Mexico will only help Canadian heavy oil prices. If production from the Gulf is slowly curtailed, US refineries will look to Canada even more for supply.
When I say cold flow heavy oil is the most profitable, I mean that producers get more dollars of profit out for every dollar they put in to get the oil, than from other types of oil. For every dollar producers put in the ground to get the oil, they get anywhere from $3-$7 back (or more) – compared to $2-$4 for most light oil, generally speaking.
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