ETS Investor Alert 10-15-08

By ktadmin | October 14, 2008
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Submitted by EnergyTechStocks.com

When it comes to energy, the global credit crisis will most hurt tar sands development, a leading Canadian investment banking firm says. www.scandoil.com

That’s because tar sands projects have long lead times and require large amounts of borrowed capital.

So far, tar sands projects haven’t been cancelled, the investment bank notes. But one has to wonder how many eventually could fall by the wayside.

Until tomorrow.

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