News
Trillions predicted in oilsands spending in Alberta, Canada
May 17, 2011 /
CERI projects 5M barrels per day by 2035
The recession that clouded the future of oilsands development two years ago has lifted and clear skies beckon trillions of dollars of investment, according to a report released Monday.
Over the next 25 years, through 2035, $2.077 trillion will be invested in building and maintaining the oilsands, according to the Canadian Energy Research Institute.
By Dan Healing
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