Expansion Projects Drive Near - Term Oil Sands Growth

摘要

The high costs that used to plague Canada's oil sands industry have fallen in recent years, but it remains to be seen whether the oil sands will remain competitive and continue to attract investment dollars in the years ahead, according to IHS Energy. IHS says that before the recent collapse in world oil prices, the Alberta oil sands were "competitive with other key sources of supply in the medium - to high - cost range, depending on the type of project."