Economy 52,861 Posted January 20, 2016 Share Posted January 20, 2016 http://www.financialpost.com/m/wp/blog.html?b=business.financialpost.com//news/energy/canadian-oil-exports-to-u-s-reaches-highest-level-ever-as-shale-production-falls Canadian Oil companies are taking advantage of falling US oil production and US Frackers going into bankruptcy by taking over Refinary Contracts Because Oil Sands runs on long cycles (ling time to set up a field but long time to depleat a field) short term price fluctuations up or down dont greatly affect production. Canadian Oil production is set to rise another 260,000 barrels a day as old contruction projects finally come online stealing market share from US producers as US Shale falls. Link to post Share on other sites More sharing options...
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