As Oil Prices Erode, Tar Sands Become Riskier Investments

InsideClimate News
By John H. Cushman Jr.Nov 5, 2014, 2:00 am217 pts
Research group says 90 percent of Canadian tar sands investments need oil prices above $95 a barrel to make economic sense. By John H. Cushman Jr. As oil prices sagged again on Monday to a four-year low, the Carbon Tracker Initiative said the recent downward spiral "changes the whole dynamic" for Canada's tar…

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