Shale oil extraction Energy estimates that the "ex-situ" processing would be economic at sustained average world oil prices above $54 per barrel and "in-situ" processing would be economic at prices above $35 per barrel. These estimates assume a return rate of 15%. Royal Dutch Shell announced in 2006 that its Shell ICP technology would realize a profit when crude oil prices are higher than $30 per barrel ($190/m), while some technologies at full-scale production assert profitability at oil prices even lower than $20 per barrel ($130/m). To increase the efficiency of oil shale retorting and by this the viability of the shale oil
Imperial Oil Building a citizen's refusal to give in to a corporation. Her heirs sold the house for $70,000 to Imperial Oil, which demolished it to expand the parking lot. The last traces of Isabel Massie's house, roughly across the street from 38 Foxbar Road, were dug up in 2012 when the subsequent owner excavated for an underground parking garage. As announced in a press conference on September 29, 2004, Imperial Oil re-located to Calgary, Alberta (some corporate operations moved to the Esso Building at 90 Wynford Drive in the Don Mills district). Thereafter, the building was unoccupied for several years. Soil testing