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Canadian Natural Resources says Obama no threat to oil sands

Thu, Nov 13, 2008

Heavy Oil Market News

Canadian Natural Resources Ltd. does not expect Barack Obama to implement policies that would crush Alberta’s oil sands industry.

Réal Cusson, senior vice-president of marketing, Canadian Natural Resources, said:

There’s always a difference between what’s been said in a campaign versus the realities of governing. We believe the Canadian barrels are friendly barrels right next door that can be delivered in a very reliable way to the U.S. refiners, and it should continue to be that way.

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