We have a large jump in production of light, sweet oil in Texas. Many of the Gulf Coast refineries are already optimized for heavy, sour oil because it is cheaper than the light, sweet.
That area is reaching a near saturation point of light, sweet production. It is why our light, sweet oil imports have fallen far more dramatically than the cheaper heavy, sour.
The oil sand production is heavy, not light.
Because high domestic prices are good for the oil companies.
Higher cost to the refinery isn't. You think extra costs are not passed on to the consumer?
But if we can't export the light crude then what choice do they have but to export the Canadian crude?
You think extra costs are not passed on to the consumer?
And that concerns the refiners how?