Oil sands, resource plays drive capital spending in 2012
January 07, 2012
Category: Finance
Tags: Kevan Holroyd, Keystone XL, natural gas liquids, Northern Gateway, oil sands, resource plays, Rick George, Suncor
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But surging natural gas production, beyond depressing prices in the US$3 per mcf range, has companies such as Encana Corp. and Shell Canada racing to tap into a market that has long been ignored. 