Times Colonist

Oilsand rules will ‘hurt supply’


PARIS — Tougher environmen­tal rules governing production from Canada’s oilsands will contribute to a global crude supply crunch, Total SA chief executive Christophe de Margerie said. Total, based in Paris, has earmarked up to $15 billion US over the next 10 years to boost production from Alberta’s oilsands.

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