Column: The conundrum of the Canadian oil differential "The Canadian oil industry can benefit tremendously from pipeline projects that are currently “in the pipeline”. These pending projects have the potential to significantly increase export capacity, which in turn will alleviate the unfavorable differential that reduces the prices received by Canadian producers compared to world benchmarks. Smaller differentials would equate to higher realized prices, and all of Canada stands to share in the benefits from our world renowned responsibly produced oil resources."
"Currently, there are three important Canadian oil pipeline projects which could have major impacts to the oil industry. These projects include Enbridge’s Line 3 Replacement, TransCanada’s Keystone XL and Kinder Morgan’s (now the Government of Canada’s) Trans Mountain Pipeline Expansion. Overall, these three pending pipelines have the potential to add about 1.8 million bbl/d of market access to Canadian oil producers."
https://boereport.com/2018/09/14/column-the-conundrum-of-the-canadian-oil-differential/