Pipeline shortages, not carbon tax, main reason Alberta oil wells less competitive: study

The main government policy hurting the competitiveness of Western Canada’s conventional oil producers is insufficient export pipelines, not carbon taxes, an upcoming C.D. Howe Institute report shows.
The lack of pipelines to take oil to market reduces the profitability of the average new well by an estimated $600,000, cutting revenue by about $5 a barrel and making some investments uneconomical, according a study being released Thursday.
“Construction has yet to start, however, on an