Suncor Says Oil Sands Becoming Increasingly Important
By Sonja Franklin and Doug Alexander
Oct. 7 (Bloomberg) -- Suncor Energy Inc. Chief Executive Officer Rick George said Alberta’s oil sands are increasingly important as a supplier of energy.
“As conventional oil worldwide becomes increasingly difficult to find, develop and more costly, the oil sands, the second-largest oil base in the world, will play a bigger and bigger role,” he said in a speech to the Economic Club of Canada in Toronto today.