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Canadian Investing / Canada (General)


Subject:  Oilsands info Date:  10/8/2012  10:39 PM
Author:  tyska Number:  63038 of 64242

"The price oil sands producers receive fell to $38 a barrel below the international benchmark after a $3.50 widening to $14.75 of the spread between the price of Western Canada Select – a blend of heavy oil sands crude and conventional oil – and US crude."

Explains why gas is so much cheaper out in the west here than elsewhere.:>)

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