GOOD NEWS ON OIL:

Chevron Corp. is doubling down its bet on Alberta’s oil sands, saying it aims to spend billions over the next decade to launch a second project.

The company said Thursday it has acquired rights to 73,000 hectares northwest of Fort McMurray — land that Chevron believes holds 7.5 billion barrels of oil.

(Via Newsbeat1). Bring on the Colorado oil shale stuff, too.