JUNE 2013
WESTERN CANADA’S OILFIELD SERVICE AND SUPPLY MARKET AUTHORITY
STATE OF THE INDUSTRY ISSUE
Reaching out to the world
With petroleum production rising, Canadian industry looks to all points on the compass to move product to market
Plus Tight oil plays have enjoyed explosive growth, but that growth will moderate as plays develop Gas prices rebound in winter of 2013, but the question is, what lies ahead? Bitumen bubble will keep prices discounted for a decade, but production will keep rising