Heavy ambitions

摘要

Everyone agrees that Canada should be a price-setter for heavy oil,but when will it happen? Professor Kent Moors,a specialist in post-Soviet political economics at Duquesne University in Pittsburgh,warns that Russia has similar ambitions and urges Canada to seize a historic opportunity to set a world benchmark price."The Russians are about to trade more heavy oil than Alberta.They will move on setting up a heavy oil/bitumen pricing floor.Canada ought to call the shots,"he told Oilweek.