The Cost of Underselling Canadian Oil and Gas to the USA
Forced by a lack of pipeline capacity, Canada sells most of its oil and natural gas to the U.S. at a discount of ~$20 per barrel and ~$2 per Gigajoule. With over 2 million barrels and 12.3 million Gigajoules exported daily, the loss adds up fast.
https://fcpp.org/the-cost-of-discount-oil-and-gas/
https://youtube.com/watch?v=7lRAAkuGZ7E
https://www.bing.com/ck/a?!&&p=79dcfe5691d3d65524f5f8e790dc0109571146042cdeea11cb9186b12ca43fceJmltdHM9MTczODQ1NDQwMA&ptn=3&ver=2&hsh=4&fclid=1fcc3dde-c1ac-6d38-3216-28cdc0da6c87&psq=transCanada+ontario+pipeline&u=a1aHR0cHM6Ly93d3cuY2JjLmNhL25ld3MvY2FuYWRhL2NhbGdhcnkvdHJhbnMtbW91bnRhaW4tZXhwYW5zaW9uLWJlZ2lucy0xLjcxNTAzNDM&ntb=1
https://www.bing.com/ck/a?!&&p=79dcfe5691d3d65524f5f8e790dc0109571146042cdeea11cb9186b12ca43fceJmltdHM9MTczODQ1NDQwMA&ptn=3&ver=2&hsh=4&fclid=1fcc3dde-c1ac-6d38-3216-28cdc0da6c87&psq=transCanada+ontario+pipeline&u=a1aHR0cHM6Ly93d3cuY2JjLmNhL25ld3MvY2FuYWRhL2NhbGdhcnkvdHJhbnMtbW91bnRhaW4tZXhwYW5zaW9uLWJlZ2lucy0xLjcxNTAzNDM&ntb=1
https://www.bing.com/ck/a?!&&p=79dcfe5691d3d65524f5f8e790dc0109571146042cdeea11cb9186b12ca43fceJmltdHM9MTczODQ1NDQwMA&ptn=3&ver=2&hsh=4&fclid=1fcc3dde-c1ac-6d38-3216-28cdc0da6c87&psq=transCanada+ontario+pipeline&u=a1aHR0cHM6Ly93d3cuY2JjLmNhL25ld3MvY2FuYWRhL2NhbGdhcnkvdHJhbnMtbW91bnRhaW4tZXhwYW5zaW9uLWJlZ2lucy0xLjcxNTAzNDM&ntb=1
>>22962462
https://www.canadaaction.ca/wcs_vs_wti_price_differential_big_for_canada
https://www.oilsandsmagazine.com/market-insights/oil-prices-by-location-using-wti-wcs-price-variability-to-gauge-market-disruptions
https://www.oilsandsmagazine.com/market-insights/oil-prices-by-location-using-wti-wcs-price-variability-to-gauge-market-disruptions
>>22962451
https://www.oilsandsmagazine.com/market-insights/oil-prices-by-location-using-wti-wcs-price-variability-to-gauge-market-disruptions