Rising costs, transport woes threaten to slow oil boom- The Globe and Mail
Due to high production and transportation costs, the Canadian Association of Petroleum Producers (CAPP) forecasted a decreasing oil production rate. The industry is beginning to depend more on the creation of pipelines in the region and companies like Enbridge Inc. are anticipating the federal government’s ruling on the creation of the Northern Gateway pipeline. While pipelines would significantly reduce the transportation costs for companies and increase their production capacity, they pose many risks to the native communities and the environment.
Source:The Globe and Mail
Subject(s):Geography, Economics, Environmental Studies, Global Studies, Aboriginal Studies,
Topic:Aboriginal Rights and Knowledge, Business and Economics, Sustainable Development,
Grade: 9 10 11 12
Web Pages Used
No comments have been posted yet. You could be first!
Please login to post a comment.