Issue 1 – Canapux: Potential Innovation for Canadian Oil Exports
2018 was a very challenging year for the Canadian oil market. Pipeline shortages led to an oil glut which caused WTI-WCS differentials to widen to never-before-seen levels. This lack of takeaway capacity created a strong demand for exports of crude-by-rail (CBR).
Issue 1 – Canapux: Potential Innovation for Canadian Oil Exports
2018 was a very challenging year for the Canadian oil market. Pipeline shortages led to an oil glut which caused WTI-WCS differentials to widen to never-before-seen levels. This lack of takeaway capacity created a strong demand for exports of crude-by-rail (CBR).
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by Hubert Marleau
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by William Mitchell