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

To: raybiese who wrote (155863)	8/22/2011 5:54:16 AM
From: Bearcatbob	1 Recommendation Respond to of 206131

The numbers say Cdn crude is one hellova big 'drop'. 2 million bbl/day is quite significant with growth potential for above 4 million bbl/d in a reasonable, but extended, time frame. Unfortunately, all the growth would go into PADD II. With all the games to date, IMHO, it is a no brainer that non-USA markets would be established instead. Ray - the oil is already in the market. Only the growth will be additional supply. As I have posted many times - it is Canada that is getting screwed here. Some refiners thank you and shippers thank our northern friends. Bob PS: What a pleasant surprise this morning - markets are green -except for Brent (and of natty is red).