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"[T]he prospects for adding new producers are complicated by the internal rules set in place to compensate each producer for its contributions to the blend." Crude from MEG’s 210,000-barrel-a-day Christina Lake oil sands site is marketed as Access Western Blend, which competes with WCS. and Northern Blizzard Resources Inc also benefit from the higher WCS price.
However, the Mexican government had somewhat protected its economy.
This represents 99% of Canadian petroleum exports." By 8 June 2016, the U. Department of Energy estimated that "disruptions to oil production averaged about 0.8 million barrels per day (b/d) in May, with a daily peak of more than 1.1 million b/d.
Although projects are slowly restarting as fires subside, it may take weeks for production to return to previous levels." "According to EIA's February Short-Term Energy Outlook, production of petroleum and other liquids in Canada, which totaled 4.5 million barrels per day (b/d) in 2015, is expected to average 4.6 million b/d in 2016 and 4.8 million b/d in 2017.
Includes royalties, which are more advantageous in Alberta and Saskatchewan." The Weighted average of US-61 includes existing Integrated Oil Sands at C per barrel." In June 2012 Fairfield, Connecticut-based General Electric, with its focus on international markets, opened its Global Innovation Centre in downtown Calgary with "130 privately employed scientists and engineers," the "first of its kind in North America" and the second in the world.
James Cleland, general manager of the Heavy Oil Centre for Excellence, which makes up one-third of Global Innovation Centre, said, "Some of the toughest challenges we have today are around environmental issues and cost escalations...
A diluent is normally blended with the oil sands bitumen to allow it to flow in pipelines.