Mr. Philip Jennings at the Industry, Science and Technology Committee

On June 11th, 2007. See this statement in context.

June 11th, 2007 / 5:35 p.m.

Director General, Petroleum Resources Branch, Department of Natural Resources

Just to clarify, the graph actually shows the price of crude oil for a light sweet. It actually doesn't make any assumptions about the mix of crude, slate, and so forth. What's used to compare in the graphic on page 9 is a light sweet oil. So it doesn't take into account the different products, as I said, in Canada.

We're comparing the price of gasoline with what oil costs at Edmonton Par and WTI.

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