Plunging Prices, Climate Concerns Hit Canadian Oil Sands Producers Hard

InsideClimate News
By Elizabeth DouglassAug 11, 2015, 6:36 am91 pts
Canadian producers share an uncertain future with the oil industry, but higher costs and opposition to expansion and pipelines bring extra hardship. By Elizabeth Douglass Canadian oil sands producers, facing a double whammy of low oil prices and higher taxes in Alberta, are slashing spending, suspending…

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