New Tech Could Unlock the Oil Sands Opportunity - InvestingChannel

New Tech Could Unlock the Oil Sands Opportunity

The United States is in the middle of an energy revolution.

In 2018, U.S. production will exceed 10 million barrels per day (bpd) for the first time since 1970.

The key to this transformation has been new technology: hydraulic fracturing, automation and other new methods have allowed U.S. companies to beat the odds and out-compete the OPEC states.

But for U.S. energy to prosper, technology has to keep pushing the envelope.

That’s where Petroteq Energy Inc. (TSX:PQE.V; OTCQX:PQEFF) latest breakthrough oil sands technology comes in.

This little energy tech company is potentially sitting on top of billions in oil assets, and it’s embracing the latest tech trend to transform the industry.

Right now, Petroteq has two big licensing opportunities in oil sands and proprietary blockchain software, and it’s …View the full post at: New Tech Could Unlock the Oil Sands Opportunity

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