Tar sands producers cut oil production in the face of pipeline constraints

pipeline.jpg

As of this morning, the price of the Western Canadian Select (tar sands benchmark crude oil) has dropped to just $15.69. Tar sands companies are now moving to actually cut back on production to avoid losing money.

Read the entire article here at Oil Change International:

http://priceofoil.org/2018/11/02/lessons-learned-tar-sands-producers-move-to-cut-production/

Volunteer Donate