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Fred Sanders

(23,946 posts)
2. Alberta tar sand oil, Hardisty it is called after the northern terminal 's town name; it is shipped to Hardisty,
Wed Jan 21, 2015, 07:04 PM
Jan 2015

Alberta, from northern Alberta, and is about 10 to 15 dollars a barrel cheaper than WTI. It is needed for the Gulf refineries after being mixed at Hardisty, Alberta, and then sent down the pipeline as Western Canadian Select. This will now be blended with high condensate "sweet" shale oil coming from Eastern USA and refined to gasoline at the Gulf refineries that have the capacity to refine the mix....for world markets. The Gulf refineries are on the Gulf for a reason...the international market.

The sands oil is "feeder stock" for the shale oil..but if shale oil production is being drastically reduced, less need at all for the feeder oil.

I am not sure if the Alberts tar sands can even exist with $30 Canadian heavy Hardisty oil.

http://en.m.wikipedia.org/wiki/Western_Canadian_Select

http://www.nrcan.gc.ca/energy/fuel-prices/crude/15085

Prices in C$

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