Canada’s Oil Patch Faces Investor Exodus
Insufficient market access and continued uncertainty over additional pipeline capacity have finally caught up with the growth projections of Canada’s oil industry association. The Canadian Association of Petroleum Producers (CAPP) has just released its 2019 Crude Oil Forecast, Markets and Transportation report which estimates that Canada’s crude oil production will continue growing from now until 2035, but at a much slower pace than previously thought. CAPP sees Canadian oil production growing at... Читать дальше...