Quote:
Originally Posted by Johnny 99
Sweet crude oil is what we produce, and it sells for much more than $100 a barrel.
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I was under the impression from several sources that the majority of Alberta oil extracts are poor quality compared to WTI, and brings in quite a bit less.
Moreover, its conventional natural gas that provides the best return, and while that's trading at a decent place ($9), the new framework makes it tougher to make money.