Is Canada Being Blockaded From Selling Oil? Yes And By Canada, Economic Suicide?

Is Canada Being Blockaded From Selling Oil? Yes And By Canada, Economic Suicide?

Canada gets about $30 to $35 less per barrel for their massive oil production, because they sanction and blockade their own oil. This has been going on for years.  It is estimated they lose $800 million per DAY because of this!  Who wins?  Everyone but Canada, in fact when a court halted the Trans Pacific Pipeline today, USA and Brent crude went up.  Even Iran only gets $2 less for their oil, but Canada gets $30-$35 less.  It is economic insanity, yet they keep shooting themselves in the foot.

 

 

WTI Crude 70.13 +0.62 +0.89% (11 Minutes Delay)
Brent Crude 77.83 +0.37 +0.48% (11 Minutes Delay)
Mars US 71.51 +0.98 +1.39% (21 Hours Delay)
Opec Basket 74.48 -0.27 -0.36% (29 August)
Canadian Crude Index 44.32 +0.72 +1.65% (15 Minutes Delay)
DME Oman 75.95 +1.32 +1.77% (23 Hours Delay)
Urals 74.38 +0.68 +0.92% (29 August)
Mexican Basket 65.62 +0.40 +0.61% (29 August)
Indian Basket 74.75 -0.56 -0.74% (29 August)
Western Canadian Select( Before Ruling) 37.01 +0.98 +2.72% (29 August)

The reason for this is they have blockaded pipelines to get the oil out for years and it is so bottlenecked, it cuts the price in about 1/2.  And the media in Canada hides the massive losses for Canada this causes. This is just one pipeline project being blockaded, there are multiple, and this has been going on for years.  Is this economic sabotage being hidden as “green” activism?  Who is really behind this?

 

News Article on it:

Court quashes Canadian approval of Trans Mountain oil pipeline

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