The Trans Mountain oil pipeline expansion (TMX) was meant to shrink the discount on Canadian oil versus U.S. crude but three months in the differential is wider than when commercial operations on the project started.
The Trans Mountain oil pipeline expansion (TMX) was meant to shrink the discount on Canadian oil versus U.S. crude but three months in the differential is wider than when commercial operations on the project started.
“We increased supply! That makes prices go up, right?”
No see we increased the markets its available to instead of relying on the worlds largest oil producer bying it we can ship it around the world competing with all the other oil producers… (this is the argument they gave not me)