Author: The Fraser Institute

The high cost of pipeline obstructionism in Canada

This copy-and-paste-ready content is FREE to use | No membership necessary Enter your name and email to download The high cost of pipeline obstructionism in Canada... 493 words By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute In recent months, Canadian crude oil prices have dropped relative to other international benchmark prices, costing the economy billions in foregone revenues. The recent increase in the Western Canada Select (WCS) price discount compared to West Texas Intermediate (WTI) is largely due to Canada’s insufficient pipeline capacity. The result is increased crude shipped by rail and higher transportation costs....

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