Petro Canada is the "official energy supplier" to the Olympics. Perhaps that could shelve that disastrous project as well?
--M
Petrocan syndicate puts Fort Hills on ice
Consortium shelves oil sands project, citing global financial turmoil, lower oil prices and high financing costs
NORVAL SCOTT
November 18, 2008
CALGARY -- The Fort Hills oil sands project was going to turn Petro-Canada into a contender.
Its 140,000 barrels a day of new crude output would end years of underperformance. No longer would Petrocan's share price lag those of its peers.