NEB says too much oil and not enough pipelines are primary factors in price crash - Calgaryn.com

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NEB says too much oil and not enough pipelines are primary factors in price crash

12-27-2018, 11:23 PM

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NEB says too much oil and not enough pipelines are primary factors in price crash

A new report from the National Energy Board says the "primary factor" in recent steep discounts on western Canadian crude is that oil production outstripped export pipeline capacity by about 365,000 barrels per day.

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