[Ost-news] Venezuelan Labourers, Big Oil Players to head to For Mac?

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

After Venezuela, Tar Sands no Quick Fix  
[http://www.reuters.com/article/reutersEdge/idUSN2741612020070705][1]  
By Jeffrey Jones and Scott Haggett - Analysis

CALGARY, Alberta (Reuters) - For Exxon Mobil Corp. and ConocoPhillips it may appear simple: shift efforts, people and resources to Canada's oil sands now that the oil majors have retreated from Venezuela. In reality, it's no simple matter.

The oil sands have their own set of risks: surging costs due to a squeezed labor force, technical complexity and a shrinking pool of attractive available properties.

[read more][2]

    [1]: http://www.reuters.com/article/reutersEdge/idUSN2741612020070705 (http://www.reuters.com/article/reutersEdge/idUSN2741612020070705)
    [2]: http://oilsandstruth.org/venezuelan-labourers-big-oil-players-head-mac

URL: http://oilsandstruth.org/venezuelan-labourers-big-oil-players-head-mac