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To: Henry J Costanzo who wrote (137766)	10/21/2006 10:09:59 PM
From: skinowski	Respond to of 209892

Yes - the CL contract shows the "wedginess" during those few recent weeks - maybe this is the fifth: Message 22929143

To: Henry J Costanzo who wrote (137766)	10/21/2006 10:20:27 PM
From: Galirayo	Read Replies (1) \| Respond to of 209892

One of the reasons for that is they Diluted the WTIC Basket of Crude to include more Dense viscosities. Or Heavy Crude .. Light Sweet and TX Intermediate is the Stuff that's in Demand. It's like buying 1 Pound of Stuff in a Box at the grocer for years and one day finding out when you study the box you just Bought ... you only get 14 ounces not 16 any more. Which brings it all back to the reason Crude is so high is we NEED More Refineries. We've got Plenty of Raw Material we just can't Process it.