[Ost-news] MSNBC: Canada is in the middle of a quiet oil boom

Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America news at resist.ca
Tue Apr 8 16:17:06 PDT 2008


Canada is in the middle of a quiet oil boom  
Tar sands, long too expensive to process, help make it major U.S. source  
By Peter Klein  
CNBC  
updated 2:29 p.m. MT, Mon., April. 7, 2008

Ft. McMurray, Alberta - With oil prices hovering near a hundred dollars a barrel, there’s a major oil boom underway. It’s not happening in the sweltering heat of Texas or the dry desert of Saudi Arabia, but on the frozen Canadian tundra where oil producers are developing a new source of fossil fuel.

[read more][1]

    [1]: http://oilsandstruth.org/msnbc-canada-middle-quiet-oil-boom

URL: http://oilsandstruth.org/msnbc-canada-middle-quiet-oil-boom



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