The Cost of Oil

A barrel of oil sands bitumen right now caught would cost less to buy than a pint of craft beer straight up. Even even with these like very rapid just-in-time supply chains it turns out you're locked into a two-year contract and like everything changes, Kyle says. "If someone turns the tap back on yeah there's going to be a bunch of cheap oil on the market not just from Canada but from OPEC," he adds.