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Posted AT 2:14 PM EST on 04/06/08

Lion's share of new refineries devoted to oil sands: report

Globe and Mail Update

OTTAWA — More than two-thirds of an estimated $53-billion in current U.S. refinery investment is aimed at accommodating growing oil sands production, says a report from environmental groups that warn of “catastrophic” ecological impacts of increased reliance on Canadian oil sands and U.S. oil shale. “This enormous investment represents an entrenched commitment to perpetuating U.S.

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