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Oil Sands Growth Will Depend on Keystone, Says Major Industry Player
2013-05-05 18:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: New refinery capacity and pipeline projects coming on line will help demand and prices for Canadian bitumen in the next two years but Canadian Natural Resources Ltd. president Steve Laut says the proposed Keystone XL pipeline will eventually be essential for growth in the oil sands industry. Long-term, we do need Keystone to be able to grow the volumes in Canada, Mr. Laut said in an interview following the release of his companys first-quarter results on Friday. Mr. Lauts emphasis on the...
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Category:Electronics and Electrical