Quote:
Originally Posted by Thunderball
As well, the quality of crude in Alberta is not at the level that gets the $80/bbl, its more like $50.
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This one of the things that so many people don't realize and it makes me mental. We're not pulling West Texas Crude out of the sand up north. West Texas Crude is the oil that fetches $80 a barrel. Edmonton Sweet is what we typically get in Alberta and it is around $50 a barrel yet people think we have this MASSIVE stake in the oil game. It's big but the world ain't going to come begging.