FTA- We know they are swimming in oil because the price delivered in Chicago is $10 a barrel lower than the equivalent barrel floating on the ocean.
From your link
Jeremy Symons, vice-president of the National Wildlife Federation, said prices of Canadian crude had jumped $20 per barrel since the recent crisis in Libya began.
“Which is true?”
Could be both, if the worldwide price jumped $30, then the Canadian crude could jump $20 and still be $10 below the market.
Have both climbed $20 with the $10 difference before and after.