News Ticker:

Oil Companies Claim Force Majeure Over Canadian Wildfires

The already week-long fires raging across the Alberta oil sands region continue to burn, and as this disaster goes on oil operations are being significantly reduced and supply is being disrupted

Source: Oil Companies Claim Force Majeure Over Canadian Wildfires | OilPrice.com

I wonder how many times corporations will be able to get away with the ole Force Majeure (act of God) excuse?   Insurance companies don’t cover those types of accidents.  I think we’ll be seeing lots more FM in the future.

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