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Vol. 14, No. 37 Week of September 13, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Profits to rebound, along with costs

Gary Park

For Petroleum News

Profits for Canada’s crude oil industry will likely fall 24 percent this year from the record levels in 2008, but the pain should be short-lived as prices resume their long-term upswing in 2010, said a report by the Conference Board of Canada. The independent think tank estimates pre-tax profits for....

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Costs not expected to stay down


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