The steep discounts being paid for Canadian heavy and light oil production compared with U.S.

The steep discounts being paid for Canadian heavy and light oil production compared with U.S. benchmarks won’t end soon and that means there’s no money for producers to increase their drilling budgets, he said in a report released Tuesday. #cdnpoli

https://www.cbc.ca/news/canada/calgary/drilling-forcecast-oil-gas-price-calgary-opec-cibc-1.4865214