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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: upanddown	2/6/2012 3:09:58 PM
	2 Recommendations Read Replies (1) of 206178

Any thoughts as to why the Brent- WTI spread has again widened dramatically from $10 at year-end to $19 today? Is it just Iran threats? bloomberg.com Cold weather has certainly increased NG demand in Europe but it should decrease crude demand. As far as I know, the Seaway reversal is still scheduled for 2Q. The Syncrude discount is also hard to understand. $19.50 discount to WTI or $78.00? bloomberg.com If rail to the GOM costs $10 a barrel, that's a very nice margin since Mars Sour is $112 today and Louisiana Light is $114. bloomberg.com bloomberg.com

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