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Refineries? Where's the value in that?

from Alberta Oil Magazine

For decades, Alberta premiers have tried to develop value-added processing of the province's abundant hydrocarbon reserves. Now, it's Rachel Notley's turn. The NDP Premier has tasked a committee with drafting an energy diversification strategy, with a report expected this spring. Economist Michal Moore says the job-creating upgraders and refineries demanded by unions and NDP supporters during the 2015 provincial election are yesterday's game. But two new petrochemical plant projects and a University of Calgary study on the economic benefits of partial upgrading of bitumen indicate a new value-added strategy for Alberta. more


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