OILSANDS FUEL CANADIAN CRUDE OIL PRODUCTION GROWTH

摘要

The Canadian Association of Petroleum Producers continues to forecast significant growth in Canadian crude oil production over the next 15 years, driven largely by the oilsands."CAPP's 2010 Crude Oil Forecast reaffirms the trend of continued long-term production growth in Canada," says Greg Stringham, Vice-President of Markets and Oil Sands at CAPP. "While the economic downturn in 2009 saw many projects deferred, a stabilizing investment climate, more robust commodity prices and market demand for Canadian crude have provided the foundation for several projects to return to active development."