This report examines the short-and medium-term economic and profitability outlook for Canada’s Oil Extraction Industry.
Canada’s Oil Extraction Industry: Industrial Outlook Winter 2014
Canada’s Oil Extraction Industry: Industrial Outlook Winter 2014
Industry Economic Analysis
$875.00
- Price Differentials—The completion of the lower leg of the Keystone XL and Seaway projects and the opening of the BP Whiting Refinery are expected to support prices in the short term. However, abnormal spreads between North American and world prices will continue to hurt revenues.
- Conventional Oil Production—Conventional light oil production increased for the third consecutive year as the tight oil extraction methods that have increased U.S. production are being applied in Canada.
- Pipelines—Despite positive regulatory reports on the Keystone XL and Northern Gateway projects, a quick resolution for either project remains unlikely, forcing companies to turn toward other transportation methods.
Customers Who Downloaded This Also Liked
13 min read
18 min read
8 min read
Require an accessible version of this research?
Upon request, Signal49 Research offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
