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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