CALGARY — Intermediate oilsands producer MEG Energy Corp. expects the recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for years to come.
He said he expects the difference between the benchmark U.S. oil price and the price Canadian oilsands producers receive for their crude will remain narrow for years, thanks to the additional export capacity offered by the Trans Mountain pipeline expansion. MEG is one of the main beneficiaries of the Trans Mountain expansion, with 20,000 barrels per day of contracted capacity on the pipeline.How is a grocery chain whose profit margin is a little over 3% supposed to cut its prices by 15%? -- Russia’s oil and gas industry has been crucial for bankrolling the invasion of Ukraine, giving the Kremlin the funds to keep fighting even as the conflict drags on through its third year.
CBC chief political correspondent Rosemary Barton speaks with Toronto's medical officer of health, Dr. Eileen de Villa, about the city's application to decriminalize drugs for personal use, which the Ontario government has refused to support.My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year .
Source: Energy Industry News (energyindustrynews.net)
Oil Prices MEG Energy Corp. Canadian Oil Pipeline Capacity The Canadian Press
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