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Canadian Investing / Canada (General)
|Subject: Re: Oil by rail||Date: 1/18/2013 1:54 PM|
|Author: tim443||Number: 63221 of 64318|
Some what linked article on Cushing .Makes some interesting arguments,just not sure that I agree with him. If you can move the oil to a port that changes everything.
In that I have to agree with you, his rambling writing makes sense only if you ignore price received as a factor?
Seaway was never going to be the full answer merely a partial stop gap measure to get product to the refineries in Texas until Keystone and other measures can help solve the lack of infrastructure.
The real issue was that those refineries were built to accept shipments from Mexico and Venezuela both of which have declined as a source.
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