Oil Sands Becoming a United Nations Meeting And Another Billion Into the Bakken

[Swizzled]

 

Everybody wants a piece of our oil sands.  China, Japan, and now Thailand ?  Yep they just took a big piece of Statoil's property.

 

And another $1bil transaction to lock up Bakken land by Hess.

 

http://valueinvestorcanada.blogspot.com/2010/11/couple-of-big-oil-deals-today.html

 

Imagine seeing these two transactions 15 years ago.  $1 billion for Bakken land that we couldn't figure how to get anything out of and more than $2 billion from Thailand into oil sands that had no chance of making money at $20 oil.