MAKE A DONATION

THE PRICE-VALUE DEBATE OF THE STURGEON NORTHWEST REFINERY

The Price-Value Debate of the Sturgeon Northwest Refinery

Study Released June 22, 2017

Crude Oil Report - May 2017

There is a debate whether or not the Sturgeon Refinery project1 is in the best interest of Albertans as part of provincial efforts to diversify its economy. At the core of the debate is a misunderstanding that tends to mix two concepts of price and value. The opposition side talks about a project’s high cost and risk profile, while proponents speak of its importance to the provincial and national economy. While the project was proposed a decade ago, this misconception is still present, even as the refinery is soon to be commissioned and scheduled to deliver its first barrel of low-sulphur diesel in late 2017..... Download full report.

May 2017