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With Some Tar Sands Oil Selling at a Loss, Why is Production Still Rising?

Canadian oil producers can’t address the downturn by slowing production without huge losses, so they now sell at a loss economically and for the climate.

Written by

Phil McKenna

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Originally Published in

Canadian oil producers can’t address the downturn by slowing production without huge losses, so they now sell at a loss economically and for the climate.