Weekly Energy Market Review

Alberta pushes back on regulatory overhaul • Bitumen prod’n hits record high • TMEP pushed back to 2022, at best • BC awaits FID on LNG Canada • Cenovus rails product to USGC • WCS discount hits US$36 in Hardisty, but touches par with WTI in Houston • Midwest refineries head into maintenance season • OPEC promises to keep a lid on output increases ... sending Brent to 4-yr high.