Oil Sands Set to Explode

Motley Fool – Rising energy prices are driving oil sands production to new heights. Last week, Canada’s National Energy Board (NEB) released a report giving an update on the opportunities and challenges facing Canada’s oil sands between now and 2015. (Link opens a PDF.) A follow-up to a 2004 report, the document takes into account current market conditions, such as the doubling of the price of crude oil and natural gas since the original report came out. We’ve given our own report on Canada’s oil sands, but now let’s take a revised look, based on the new NEB report.
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