Saturday, September 03, 2005

Bloomberg.com: News & Commentary

Bloomberg.com: News & Commentary:

"Sept. 2 (Bloomberg) -- Canada, the largest supplier of crude oil to the U.S., may increase output from Alberta's oil sands sixfold in the next 25 years as record oil prices spur investment in the province, a government energy adviser said.
Alberta may increase output from the oil sands to 6 million barrels a day in 2030 from about 1 million barrels a day at present, said Claude Drzymala, a senior energy adviser at the Canadian Department of Industry."

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