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Re:Oil is selling for less than $10 across key North America... by Waterluvian on Tuesday March 31, 2020 @11:02PM (#22745198)
Apparently Canadian oil sands oil is so unsaleable that in some cases they're paying to get rid of it.

https://www.cbc.ca/news/business/oil-price-plummet-monday-1....

Re:Oil is selling for less than $10 across key North America... by wigl on Tuesday March 31, 2020 @11:16PM (#22745273)
In a way they've always been subsidized because nobody prefers WCS. Measures like Keystone XL are just part of the gargantuan efforts that governments and companies make to make them viable.
Re:Oil is selling for less than $10 across key North America... by briga on Tuesday March 31, 2020 @11:36PM (#22745393)
No one prefers any commodity until access to the commodity is viable
Re:Oil is selling for less than $10 across key North America... by wigl on Wednesday April 01, 2020 @12:39AM (#22745745)
The irony is that tar sands are abundant and can be seen on the surface but are comprised of the most pipe-clogging useless shit (bitumen) that nothing short of an extra large effort would make them viable.
Re:Oil is selling for less than $10 across key North America... by wyxuan on Tuesday March 31, 2020 @11:17PM (#22745277)
whats worse is that oil sands have some of the highest production costs because you need to add steam and a bunch of other stuff to separate the other junk from the black gold