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Canadian Oil Sands Continues To Grow In Face Of Falling Crude Prices
Wednesday, October 14, 2015 - 10:55am | 378• Canadian oil sands production continues to grow in the face of falling crude prices. • Oil sands projects take much longer to complete than U.S. drilling projects and are not as sensitive to short-term market changes. • RBC capital predicts WTI crude prices of $57/bbl in 2016...
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Bank Of America Cites Declining Crude Prices In Lower Rail Estimates
Tuesday, December 16, 2014 - 10:02am | 306In a note to clients on Tuesday, Bank of America analyst Ken Hoexter stated that a decline in crude oil prices could result in a lower than previously expected crude-by-rail volume growth rate from several Canadian Oil Sands projects in the second half of 2015 and in to 2016. As such, the...
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State Dept. Assessment Of Keystone Project Expected To Anger Pipeline's Opponents
Friday, January 31, 2014 - 5:33pm | 629The U.S. State Department released its expected environmental impact statement of the controversial Keystone XL pipeline project on Friday afternoon – and said the project is unlikely to alter greenhouse gas emissions or affect America's hunger for cheap oil. “Approval or denial of any one...
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Activist Steyer: Reject Keystone XL Pipeline
Tuesday, December 3, 2013 - 2:26pm | 439Can Keystone pass President Obama's climate test? That was the topic of discussion among a collection of speakers and advocates mostly opposed to Keystone XL. Among those speaking was billionaire activist Tom Steyer, according to The Globe and Mail. “Keystone XL fails his [President Obama's]...