The Globe and Mail
In Texas, oil sands firms fight for their share
Pipeline extension to Gulf Coast refineries is key for Canadian producers
Shawn McCarthy
Port Arthur, Tex. Globe and Mail Update Saturday, Nov. 07, 2009
There is an air of disquiet along the Gulf Coast of the United States, an industrial strip that could have a profound influence on the future of Canada’s oil-fuelled economy.
The refineries that dot the coast represent a major new market that could fuel the expansion of Canada’s oil sands producers, as well as a major pipeline player. And indeed, on the surface, growth appears to be the order of the day. But after a brief golden age, there is a growing fear along refiners’ alley that the bubble has burst.