for Tar Sands
With a barrel of Canadian oil now cheaper than a pint of beer, producers have begun to shut in production.
As Canadian wildfires have failed to cause lasting damage to tar sands extraction facilities, oil markets remain calm despite the size of the disruption.
Flagging investment, price and infrastructure challenges, and the coming election are contributing to a grim outlook for Canada's oil industry.
Carl Pope: Whenever oil costs more than $50, we are sending a signal to producers to develop oil fields that ought to remain underground if we are going to stabilize the climate.