Explain why AB and SK use WTI for their budget benchmarks?
While the Alberta government reduced overall spending by 2.8 per cent, the budget tabled last Thursday still relies on an anticipated 38 per cent increase in energy royalties as both oil production and pipeline capacity expand. The...
Heavy crude oil
Description
Heavy crude oil is highly-viscous oil that cannot easily flow to production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any...
4 season of tree planting at 500 million per yer based on pre-Trudeau stats.
500 million planted per year; Canada’s harvest area (0.2%) from The State of Canada’s Forests, Annual Report 2013, Natural Resources Canada, pages 11 and 19.