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


To: Bearcatbob who wrote (165049)3/6/2012 1:59:22 AM
From: teevee  Read Replies (4) | Respond to of 206131
 
Does not everyone know that Canadian oil that reaches the coast will simply be exported.

That is why the southern section will only go to GOM refineries now. New heavy Canadian crude will have to compete in a Dutch auction with Venezuelan and other crudes-lowest price gets the sale.

THE only way Canadian producers will get world pricing is if they build a pipeline to a Canadian coast.



To: Bearcatbob who wrote (165049)3/6/2012 2:10:31 AM
From: russet  Respond to of 206131
 
It's time for you retired engineers to form a new national sanity party.