An innovative way to ship oil sands is in the works. If proven viable, it will be a method of getting Canadian oil to market without pipelines, which are being attacked by environmentalists who want to keep hydrocarbons in the ground

CanaPux: An Innovative Way to Ship Canadian Oil Sands

By Institute for Energy Research —— Bio and Archives--February 5, 2019

Global Warming-Energy-Environment | Comments | Back To Full Article

Due to Canadian oil sands being transportation-constrained, Canadian crude prices had traded at a steep discount to U.S. oil, reaching a record difference of more than $51 a barrel in October 2018. But that gap recently narrowed to less than $7—the lowest since March 2009—due to a production cut of 8.7 percent that the Alberta government imposed on oil producers to lift depressed prices. The cut began on January 1 and is to last for one year.

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