Why Canada Sell Its Oil at a Discount

Posted by Michael Campbell

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fp0124 wcs vs wti

 

While the east coast of Canada imports 700,000 Barrels a day of World Prices, the rest of Canada sells 2/3 of its production of oil at prices that are $25 to $30 a barrel less than world prices. Natural gas sells at 60% of the World Price. Reasons why…

….also from Michael: Why Won’t Canadians Scream ENOUGH!

fp0124 wcs vs wti