By Musabbir Mazhar In the US, the jobs report came out with non-farm payrolls increasing 20,000 for the month of February 2019, which largely falls short of market consensus expectations of 192,000 jobs. This is not good news – to put into perspective, the average job increase was 223,000 each month in 2018 and 311,000 […]
Tag Archives: usa
A short piece on ‘Crude by Rail’ – Crude oil, railways, alberta oil sands, Pipelines
By Musabbir Mazhar Canadian Oil Sands located in 3 locations: The Athabasca, Cold Lake and Peace River Oil Sands. The product extracted from oil sands is bitumen which must be converted to Synthetic Crude Oil (SCO) or mixed with a diluent (which is expensive) so it can be transported via pipeline. Generally, bitumen produced In […]
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