Oil and gas industry facing ‘a roller-coaster ride’
JOSH O’KANE
The Globe and Mail
Thursday, Feb. 21 2013, 6:00 AM EST
Canada is home to the world’s third-largest proven oil reserves and is the sixth-largest producer of oil.
But global economic conditions are pressuring fuel prices worldwide, and Canada’s oil and gas sector has the added frustration of a deficit in infrastructure that, among other things, is driving the price of western Canadian oil down by nearly $25 from benchmark West Texas Intermediate crude.
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/oil-and-gas-industry-facing-a-roller-coaster-ride/article8900814/
Showing posts with label Energy and Resources. Show all posts
Showing posts with label Energy and Resources. Show all posts
Thursday, February 21, 2013
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