Apr 052013
No basis for claims of $50 million a day losses, says new Allan report.
from The Tyee
Industry and government claims that Canada is losing as much as $70 million a day on bitumen exports due to "double discounts" in oil markets and a lack of pipeline capacity are untrue, says a new financial analysis.
In a 35-page report BC economist and former business executive Robyn Allan tried to track down sources for the discount story, but says she ran into a dead end.
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