Description: The last place oil producers want to be when prices plummet to profit-demolishing lows is midstream on a billion-dollar project in one of the costliest parts of the planet to extract crude.

Source: Bloomberg.com – video report

Date: Sep 03, 2015

Link: http://www.bloomberg.com/news/articles/2015-09-03/canada-oil-sands-fork-over-billions-for-500-000-unneeded-barrels

Questions for Discussions:

• Summarize the analysis presented in this report.
• Do you agree with this analysis?