Sentences with phrase «oilsands project after»
The depressed prices mean lower prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's oil industry, which spent billions on oilsands projects after world crude prices had risen high enough to justify the investment.
http://www.canadianbusiness.com/ Not exact matches
After all, prior to the Great Recession, Alberta's industrial heartland looked poised to become an upgrading mecca, with new refinery projects expected to boost local production of oilsands crude by more than half a million barrels a day.