The price of Canadian Oil plunged last month and with the losses continuing through most of October. With the Canadian oil firms exposed too much lower prices than their competitors in the USA by as much as $40 to $50 a barrel. Due to the cost of Transporting oil from Alberta to the refineries in the United State, Western Canada Select (WCS) oil trades at a discount relative to WTI. In 2018 this discount started to grow as a result of Canadian pipelines being filled with a brim. The problem is that Canadian Oil has failed to build a major pipeline from Alberta to either the US or the Pacific Ocean. The existing pipeline projects have run into years of delay or have been scrapped. This left WCS prices languishing at a deep discount of $30 a barrel during this year. The problems increased in late September with pipelines being maxed out. And the massive BP refinery in Indiana undertook maintenance. The WCS oil price plunged to the low of $20 a ba...