Quote:
Originally Posted by Bergerboy
No offence but this is incorrect. Look into bitumen shipments to the East and South, factor in transmission costs with refinement costs. This is a bad political deal, that is all.
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I think you forgot to factor in the cost to build new refineries here plus still be required to export since refined or not, it would be surplus to our needs, plus the opportunity cost of under utilized refineries in those areas you decided not to export crude to. Dig deeper and you may begin to understand.