[Ost-news] Tar Sands production increases slowing down?

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

High costs trim forecast for oil sands production  
NORVAL SCOTT

November 16, 2007

CALGARY -- Output from Alberta's oil sands will grow more slowly than was predicted last year as spiralling costs deter investment in the vast but difficult resource, Canada's national energy regulator says.

The National Energy Board forecast in a report released yesterday that by 2015 Canada's total oil output will be 4.05 million barrels of crude a day, 61 per cent greater than it was in 2005.

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    [1]: http://oilsandstruth.org/tar-sands-production-increases-slowing-down

URL: http://oilsandstruth.org/tar-sands-production-increases-slowing-down