Quote:
Originally Posted by indes
I could only find this article on it. It doesn't go into much depth though.
https://finance.yahoo.com/news/top-u...222239813.html
It was something they said during an earnings call so I would personally take it with a grain of salt. Switching to light crude would be a lengthy and costly process and doesn't make much sense as a national strategy. They currently make more money selling their light crude and buying cheaper heavy crude to refine.
https://www.soscip.org/why-america-s...-canadian-oil/
Edit: I agree with you though, let's get energy and any other Canadian assets we can flowing east-west. |
The second article talks about the (unsavoury) potential to switch to Russia or Venezuela as alternate sources of heavy oil, which makes zero sense except in an F*** Canada strategy.