[Ost-news] Canadian production to play crucial role on world markets

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

Output still far from peak levels, say CEOs  
Canadian production to play crucial role on world markets  
Shaun Polczer, Canwest News Service  
Published: Wednesday, July 02, 2008

MADRID, Spain - Canada's oilsands are still years away from making a meaningful impact on global oil supplies, the heads of two of the world's largest oil companies -- Exxon and Total SA -- said at the World Petroleum Congress in Spain yesterday.

But they also said despite economic and environmental challenges, unconventional oil from Canada will eventually play a crucial role in meeting the world's oil needs.

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    [1]: http://oilsandstruth.org/canadian-production-play-crucial-role-world-markets

URL: http://oilsandstruth.org/canadian-production-play-crucial-role-world-markets