Are the Oil Companies Safeguarding Your Investment?
A new report analyzes the potential risk of companies that extract oil from the Alberta tar sands (a.k.a. “oil sands”).
As more companies enter the oil sands, and the contribution of oil sands to company reserves increases, more investors are becoming exposed to these risks, and the level of their exposure is increasing.
Tar sands oil is scheduled to begin moving through the Keystone pipeline early next year. Counties along the Keystone pipeline route in South Dakota may be interested in South Dakota Public Utilities Commissioner Steve Kolbeck’s assertion that only one county has had “much trouble.”