Oil refiners hit by 'the perfect storm'

Canada sits on the second largest oil reserves in the world, but that's cold comfort for drivers running on empty and paying a buck a litre -- if they could get it

Canada may boast of oil reserves second only to Saudi Arabia, but a "perfect storm" of refining problems has forced gas stations to close this week in both Quebec and Ontario and showed how precarious the day-to-day supply really is.

Shortages pushed prices up and sparked calls from some federal politicians for greater regulation. The trucking industry pushed for permission to work longer hours and use a restricted form of high-sulphur diesel to ... Full Story »

Posted by Mike LaBonte
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Subjects: Business, Sci/Tech
Topics: Energy, Oil and Gas
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Posted by: Posted by Mike LaBonte - Mar 4, 2007 - 9:30 AM PST
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Mike LaBonte
3.5
by Mike LaBonte - Oct. 1, 2008

Several sources left anonymous, but a good selection are named. Contains detailed province-by-province data. The big picture is not given with great clarity here. It is a relatively important story.

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