Rising costs force rethinkingOil sands spending plans being slashed as challenges accumulate Gary Park Petroleum News Calgary Correspondent
Beset by an array of problems, Alberta oil sands players are now immersed in some deep soul-searching that is sharply reducing spending over the next four years and denting hopes that the 180-billion-barrel reserve is North America’s ace in the energy security hole.
Against a background of breathta....
[additional news subjects in this story]
Growing anxieties Industry has been world leader Possible cost-cutting measures No government commitment to implementation beyond 2012
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