GeorgeS Posted June 3, 2012 #1 Posted June 3, 2012 OK, I need confirmation on this from our friends up in Central Canada !! Yesterday, I was at a Ham Radio Convention, in SeaSide, Oregon. ( a yearly event ) I ran into a fellow from Calgary Canada ( An older fellow, as myself ). The discussion went to Gas Price's !!! ( much higher in Canada, he tells me ) My point, here, he say's a personnel friend of his works for one of the companies extracting Crude Oil, in the Oil sands area up there. ( North of Montana ) This fellow told him that the Cost of extracting the Crude from the Shale Sands, up there is about $25.00 a barrel, when the stuff is ready for shipping to Refineries. (( Of course there is no pipe line, so they send the stuff to China )) So, can any of our Canadian Friends, here confirm what this fellow told me. Being a fellow Ham Radio Operator, I tend to believe him. But, you never know, so I'm looking for any confirmation here, as to the cost of crude oil from Centeral Canada ??:whistling:
calgaryrider Posted June 3, 2012 #2 Posted June 3, 2012 I can't tell you the cost of extraction. What I can tell you is that Canada sells the crude at a set cost to refineries in the states and then buys the refined product back at slightly higher price when crossing the border. For an example: Shelby, MT average price of gas $3.77/G (about. $0.99/L) and just north across the border Milk River, AB $4.46/G ($1. 18/L)
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