Canadian Oil Sands Production to See $100 Billion Boom Over Next Ten Years, an
Industrial Info News Alert
SUGAR LAND, TX -- (Marketwired) -- 11/07/13 -- Researched by
Industrial Info Resources (Sugar Land, Texas) -- Investment in
Canadian oil sands production over the next 10 years is expected to
eclipse $100 billion between 2013 and 2020. This figure does not
include infrastructure, such as the pipelines, storage terminals or
refining facilities, which will be required to transport the product
& diluent to upgrade the bitumen to certain refining specs, or store
the bitumen and associated products required to support production.
The supporting infrastructure will add many tens of billions of
dollars to the cost of bringing this resource to markets in the U.S.,
as well as the Pacific Rim.
Other companies featured: Imperial Oil Limited (NYSE:IMO), Statoil
Hydro (NYSE:STO), Cenovus Energy (NYSE:CVE), Total SA (NYSE:TOT), MEG
Energy (TSX:MEG), Husky Energy (TSX:HSE)
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