Why Canada Is Unlikely to Sell the Last Barrel of Oil
The refineries that buy Canada’s oil are large, complex, and low cost and are likely to maintain markets for some time even as demand shrinks, but at some
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Why Canada Is Unlikely to Sell the Last Barrel of Oil
Canadian oil producers?environmental, social, and governance performance will not help preserve Canada market share, since it does not matter to the refineries buying the product. Marginal producers will not survive in the post-peak market, and efficient producers will see low profits, remitting low royalties and taxes.
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