Babaamaajimowinan (Telling of news in different places)
Babaamaajimowinan (Telling of news in different places)
Oil prices are plunging amid worries that an OPEC dispute will lead a virus-weakened economy to be awash in an oversupply of crude. Shown is the Shell Deer Park oil refinery in Texas. (AP Photo/Gregory Bull, File)
If a new era of bargain crude prices arrived with Monday's oil-market rout, producers in North Dakota and Canada will likely be at a disadvantage.
Both are simply farther from the hub of the North American oil market, the Gulf Coast, raising transportation costs, analysts said.
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