Low prices are crushing Canada's oil sands industry. Shell's the latest casualty. – Vox


Manufacturing.net
Low prices are crushing Canada’s oil sands industry. Shell’s the latest casualty.
Vox
Back in the 2000s, when global oil prices were rising relentlessly, a lot of companies found it profitable to exploit western Canada’s oil sands for bitumen, a gooey form of petroleum. It’s not an easy task: you either have to dig up the sand with
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