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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (68762)8/7/2006 2:10:50 PM
From: energyplay  Read Replies (1) | Respond to of 206093
 
I think much of the Alaskan oil goes to North Asia - Japan and Korea. That oil is closer to those markets than Middle Eastern oil.

Those oil consumers may look to exports from Canada to replace Alaskan oil. Should be good for the oil sands processors too.

Also, a lot of Alaskan oil goes to refineries in Northern California (SF Bay Area). Since it is an even shorter trip from BC to San francisco than from Valdez, there will likely be some oil going there.

So prices should be higher in an arc running from North Asia around Alaska, western Canada, California, and maybe all the way down to Columbia and Ecuador.