Canadian oil loss exceeds 20 billion dollar, add a president: Canadian economy is taking roundabout

Current international crude market is rougher and rougher static.

According to Oilprice website report, with the OPEC oil that heads especially dene the organization faces the crisis that a life and death lives or die probably, pressure of ground fringe politics or cause internal relationship tension, reduction of output or not reduction of output is a problem.

As Africa the oldest oil produces the 6th old oil of country and world to export national Nigeria, already open exit restricts mode.

And the biggest source that regards oil as the crisis, the United States compares the raise the quota of more severe exacting to let supply crisis on the verge of breaking out to the punish of Iran and Venezuela.

Oil still has a potential crisis to come from at Canada.

Canadian oil loss exceeds 20 billion dollar, add a president: Canadian economy is taking roundabout way!

All the time since Canada can say in international oil record record is anonymous, the oil reserves that Canada includes oil sand inside is occupied in the whole world than be as high as 11.4 % , be next to Saudi Arabia and Venezuela, house whole world the 3rd.

But what do not match to it is, oil small profits of Canada but do not sell more. Issue of Canadian oil pipeline is produced to whole Canada oil can affect very grave.

Canadian oil saves Aerbaida to save the worry that oil industry is not worth all the time by conduit amount greatly, and the project of extend of Trans Mountain conduit that suspends for a long time great bureaucracy that builds infrastructure and litigant defer, cannot solve a problem with any efficiency.

So, as pipeline capacity the biggest change, business of Canadian oil production is already extinct store space, bring about oil reserve is many and superfluous, nowhere can go. Although Canada is hit,fold so sell oil, also sell do not go out.

Still having a more serious problem is, canadian oil is excessive depend on American market, can say almost Canadian oil already by forestall.

According to statistic, conduit bottleneck problem makes Canada produces business loss 20 billion dollar

Meanwhile, canadian Central Bank is reduced considerably GDP growth anticipated 2019, abandoned increasing breath liability.

At present of the name of a river in Shaanxi and Henan provinces of wave of president of Canadian Central Bank evaluates: Negative development makes Canadian economy takes roundabout way.

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