Canada’s Oilsand costs beat US tight oil in Texas and North Dakota

Scotiabank research had an analysis of crude oil production costs in Canada and the United states. Saskatchewans Bakken oil is the cheapest at $44 per barrel. Canada’s oilsands are $60-65 per barrel (both including 9% after tax return). They are a bit cheaper than crude oil from North Dakota’s Bakken and Texas tight oil.

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