Market forces are catching up with Alberta's oil boom, and Canadian oil companies are rethinking...

|By:, SA News Editor

Market forces are catching up with Alberta's oil boom, and Canadian oil companies are rethinking investment in oil sands, WSJ's Chip Cummins writes. The latest example: Suncor (SU) yesterday said it is reviewing three multibillion-dollar mining and upgrading projects, and will delay a final decision about going ahead with any of them, in an attempt to cut capital spending.