[Ost-news] Rainbow Lake oil pipeline put on sale by Imperial; Tied to MGP?

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

Rainbow Lake oil pipeline put on sale by Imperial Oil and partners  
Published: Thursday, September 6, 2007 | 8:44 PM ET  
Canadian Press: JUDY MONCHUK

CALGARY (CP) - The energy champions behind the proposed $16-billion Mackenzie pipeline are selling a small oil pipeline in northern Alberta, bewildering observers who say the Rainbow line has strategic importance.

Rainbow is owned by Imperial Oil (TSX:IMO), ExxonMobil and Royal Dutch Shell, all partners in plans to bring Canada's large Arctic reserves of natural gas to southern markets.

[read more][1]

    [1]: http://oilsandstruth.org/rainbow-lake-oil-pipeline-put-sale-imperial-tied-mgp

URL: http://oilsandstruth.org/rainbow-lake-oil-pipeline-put-sale-imperial-tied-mgp