Maximizing Market Access For Canadian Heavy Oil March 24, 2015 1
- 20.00 40.00 60.00 80.00 100.00 120.00 2010 AJO 2011 AJO 2012 AJO 2013 AJO 2014 AJO 2015 US$/bbl WTI NYMEX WCS WTI Premium to WCS Crude Oil Prices (US$/bbl)
Canadian Crude Oil Production ? 2015 Forecast Update Short term (next 2 years) ? Oil sands production is increasing at a slower pace ? Increases to 2.3 million barrels per day ? Due to prior-year investments coming on stream ?…
Canadian Crude Oil Transportation Crude by Rail 2014 ~200,000 b/d 2016 ?
Canadian Oil Transportation Capacity June 2015
Current Oil Transportation Capacity June 2015
? Market Access ? Importance of link to global markets ? ?All of the above? ? all modes, all directions ? Environmental Performance ? GHG, water, land and wildlife ? Canada?s Oil Sands Innovation Alliance (COSIA) ? Public…