Albertan Oil Prices

Blog, Energy, Peter McCaffrey (historic), Uncategorized

Following up on my post yesterday on WTI oil prices, today I bring you the flip side of the coin, the significant losses that are being seen in Alberta because of the lack of transportation infrastructure.

http://business.financialpost.com/2013/01/21/landlocked-alberta-facing-budgetary-perfect-storm-as-oil-price-gap-stings-horner

Everyone has been talking about the Keystone XL pipeline for a long time, but even if it does get the go ahead, that won’t solve the long term problems. $27 billion a year is a BIG problem that has to be addressed.