With
increased netbacks, economic viability thresholds will be lower and exceeded sooner if there is a global oil price recovery.
The main economic goal of the TMX project is to
increase netbacks to oil sands producers by avoiding bitumen oversupply problems at Cushing, Oklahoma (also known as «The Pipeline Crossroads of the World») and by providing an option on selling the product into alternative markets in Asia and California.
Not exact matches
«
Increasing the number of transportation options and markets for Canada's oil supply will lead to higher
netbacks for all Canadian producers.»
It is not reasonable for Notley to claim that
increasing bitumen
netbacks by perhaps 50 % at current prices will have zero stimulative effects on production.