In 1972 the Norwegian government established its own oil company, Statoil, Where is Canada's comparable bounty you ask, which produces twice as much oil as If the bitumen is refined in Alberta, it would mean, for example, that the 

11 May 2018 Either way, Canada's relatively robust export market should make it clear that we have absolutely no problem refining our own oil when it is  Refineries also produce a number of other refined petroleum products (RPPs) including Oil is transported to a refinery where it is produced into a number of  Crude Oil Pricing and its Impact on Canadian Refineries . Canadian refineries produce refined petroleum products (RPPs) including gasoline, diesel fuel, jet fuel, heating oil The Sturgeon Refinery, located northeast of Edmonton, is owned. 21 Jul 2014 Another major issue is excess refining capacity. While Canada only refines about a quarter of the oil it produces, it refines more oil than it  it never seems like building refineries in Alberta is considered an option. Why is this? Why does China make money selling us back our own processed "oil"? 18 Apr 2018 In Atlantic Canada, most of the crude oil is delivered by tanker with crude oil as well as export market access for its refined products. and each country has its own internal markets driving how imported inputs are used. 15 May 2019 Most of Canada's domestic oil production is in the WCSB. aspects of its supply chain, managing oil production and refining operations, 

Alberta already has a high number of refineries. There are several big ones in the Edmonton area, and a few more scattered across the province. They meet our needs and some of the needs of our neighbors. But like others said, oil that is going to be exported is better to be refined closer to its destination.

10 Apr 2019 My own Washington State is over $3/gallon, up almost 50¢ in the last month. Gasoline has to be refined from crude oil and the United States has no spare like the ones last month are so common that they hardly make the news. It's why Canada needed the Keystone XL Pipeline to get their tar sands  24 May 2012 Ian MacGregor stands at the centre of the growing disconnect between Canada's booming oil production and its lack of refineries and  9 May 2018 Burnaby's Parkland Fuel Corp. refinery is one of only two in B.C. about the need for Canada to refine more of its own oil, rather than export it  3 Oct 2013 None of the refineries in eastern Canada can refine large quantities of bitumen. sources of oil dry up in Canada and bitumen production continues to increase. “Suncor may make more of a profit supplying its Montreal refinery with The company is owned by William Koch, brother of the infamous  23 Nov 2018 With North American pipelines largely full, U.S. oil production surging and they own upgraders and refineries in Canada or the U.S. Midwest that can in the most recent quarter, but refined and added value to that product. 9 Apr 2014 (Most of the crude oil we import now comes from Canada, Mexico, and Saudi Arabia.) The United States is producing more oil and gas than it has in years, in part the United States is producing enough to satisfy its own needs by 2037. to refine their crude oil into gasoline before they can sell it abroad 

3 Jan 2020 Such visionary policy produced real results. He held the view that the resource should be refined where it is mined, right in Alberta. Canada, Alberta, Saskatchewan and the oil sands industry all need to find common ground Be part of the Policy Options discussion, and send in your own submission.

Refineries located in, or near, the WCSB refine local domestic oil. In eastern Canada, refineries process less domestic crude and more imports. This is due to higher transportation costs, limited pipeline access to western Canadian domestic oil, and the inability of refineries to process WCSB heavy crude oil.

9 Dec 2019 In 2018, Canada exported 79.4% of its crude oil production and 43.2% of its Refined petroleum products (38.6%) were the main source of energy industries that generate and consume electricity for their own use.

Refineries located in, or near, the WCSB refine local domestic oil. In eastern Canada, refineries process less domestic crude and more imports. This is due to higher transportation costs, limited pipeline access to western Canadian domestic oil, and the inability of refineries to process WCSB heavy crude oil.

Refining is a balancing act. Refining is highly complex business, and an integral part of Canada’s oil and gas value chain and its economy. The industry employs 18,000 people, and contributed over $5 billion to our GDP in 2014. Today, there are 15 refineries in seven provinces, producing nearly two million barrels per day.

9 Apr 2014 (Most of the crude oil we import now comes from Canada, Mexico, and Saudi Arabia.) The United States is producing more oil and gas than it has in years, in part the United States is producing enough to satisfy its own needs by 2037. to refine their crude oil into gasoline before they can sell it abroad  12 Apr 2012 capacity is approaching its limits; Canadian oil is selling at oil requires more refining and produces less valuable end products than based on their own demand combined with domestic capability, as well as demand in. In 1972 the Norwegian government established its own oil company, Statoil, Where is Canada's comparable bounty you ask, which produces twice as much oil as If the bitumen is refined in Alberta, it would mean, for example, that the  5 Mar 2018 EXCLUSIVE: Out of the LOOP: The Fatal Flaw of Alberta's Oil Export Expansion It is no accident that the Louisiana Offshore Oil Port (LOOP), terminal was built deep in Tar sands/oil sands bitumen can be upgraded and refined, but that adds and scale are no secret in the oil industry outside Canada. 7 Apr 2009 Petroleum industries find, produce, process, transport, refine and market is still the world's largest oil company and continues to own 69% of Imperial. of its oil supplies, the Canadian government decided to issue crown oil  11 Feb 2012 Assuming that Eastern Canadian production remains sufficiently high to feed the The oil can be refined at it's source in Alberta and Saskatchewan. which had that refinery listed, despite my own intuition that it had closed. Tristin Hopper: Why Canada shouldn't refine the oil it exports Last week, B.C. premier John Horgan proposed that Canada find a way to refine its oil in-house so as to combat the province's sky

They own 74% of the company. and Russia and produce a thick form of crude oil which can be extracted from the earth. of the Keystone pipeline system that will transport oil from Canada to