U.S. Senator urges TransCanada pipeline probe

“It has been brought to my attention that documents and testimony indicate that at least seven Canadian oil shippers have agreed to incur increased near-term shipping costs on the new pipeline in order to impact market supply in the existing markets so as to drive up the overall price of their product for U.S. refiners,” Mr. Wyden wrote.

A U.S. Senator is urging Washington’s competition commission to investigate what he suggests is evidence that Canadian oil sands producers colluded with TransCanada Corp. to manipulate prices in Midwestern petroleum markets.

SHAWN McCARTHY

Full Story: http://www.theglobeandmail.com/globe-investor/us-senator-urges-transcanada-probe/article1973954/

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Group calls for new oversight for oil sands

A new monitoring system for oil sands projects could deflect U.S. and European concerns over “dirty oil” and reduce damage to Canada’s international reputation.

RICHARD BLACKWELL

Full Story: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/group-calls-for-new-oversight-for-oil-sands/article1975346/

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Dirty Oil – A Documentary on The Alberta Tar Sands – NYTimes Editorial: No to a New Tar Sands Pipeline http://matr.net/article-43966.html