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Canada’s Unique Energy Crisis
['Martin Armstrong']
HoweStreet
QUESTION: Mr. Armstrong, thank you very much for that global overview of the energy market on your private blog.
It is a complex industrial facility designed to process a specific type of crude oil efficiently.
Therefore, refineries are designed for different grades of crude oil.
Without this pipeline access, Eastern refineries rely on tankers for their crude supply.
This energy crisis has another dimension whereas you simply cannot substitute crude oil that is heavy when the refinery can only handle light crude.