Canada: All things being equal …
With oil sands paying off, Canadian oil producers to enjoy banner profit year; research group predicts sharp dip in 2009
By Gary Park
For Petroleum News
Weather, technical glitches, economic trends, geopolitical tensions and other unknowns aside, the Alberta oil sands will push the profits of Canadian oil producers up 17.9 percent this year to a record C$22.9 billion, according to the Conference Board of Canada.
Assuming oil prices of US$85 per....
[additional news subjects in this story]
Costs will partly cancel gains
Massive pipeline investment
‘Conspiracy of silence’ on oil sands
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