Monday, January 29, 2007

For investors following oil sands stocks

As the oil and gas sector goes thru its ups and downs with the price of oil and new energy sources such as renewable and green tech are looked at - some oil industry analysts love the prospects of the oil sands stocks.

With environmental concerns being an issue see how the players are adjusting and track what is happening in some of the stocks drilling and buying properties in the sector.

According to a recent article in the Globe:

"Oil sands woes will be resolved, energy board says
DAVID EBNER
Sunday, January 28, 2007
Calgary — Alberta will overcome the difficult challenges facing oil sands development, the head of the provincial energy regulator says.
“I firmly believe this will be very well organized and deliberately planned on the part of everybody to ensure this resource is extracted properly. We will make sure of that, because as an organization we can't stand by and see it done otherwise,” Neil McCrank, chairman of the Alberta Energy and Utilities Board, said in an interview.
In November and December, the board approved two new oil sands projects but both times warned that rapid expansion of the oil sands was reaching a critical point.
With roughly $100-billion of work planned for the region over the next decade, problems are everywhere in Fort McMurray, from a severe housing shortage that has made the remote city one of Canada's most expensive to extremely stressed health care facilities"
full article- http://www.globeinvestor.com/servlet/story/RTGAM.20070128.weub0128/GIStory/

Oil Sands Stocks Directory- Canadian Oil Sands, Tar Sands Stocks

http://www.oilandgasstocknews.com/OGSN/StockList.asp

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