Oliver notes that limited pipeline capacity and the bottleneck of oil in Cushing, Oklahoma, where benchmark West Texas Intermediate crude is delivered, has led to a price differential with Brent crude, used to price international varieties of oil. He said not selling Canadian oil on the international market is costing Canada over $40 million dollars a day.Oliver said Canadians will increasingly understand that the importance of selling Canada's oil to Asia because it means an immense economic advantage to doing that in terms of jobs and revenue for social programs.
Canada Views US Oil Boom As A Wakeup Call
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