Damus
Nic · 3d
But the Laurentian elites in Canada said there was no demand for oil and gas anymore? Did they lie? 😧
Ryan · 3d
If only it were an even comparison. Most Alberta oil isn't sweet light crude, it's heavy sour bitumen. Double the cost to get it out of the ground, harder to transport via pipeline, and more expensive and difficult to refine. It's why WCS always trades less than WTI.