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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (50635)1/22/2013 3:36:34 PM
From: Ditchdigger  Read Replies (1) | Respond to of 78958
 
Delta to receive Bakken crude at Trainer in Q1
reuters.com

"It is much cheaper to rail crude from the Midwest shale play, at an added $12 to $16 a barrel in transportation costs, than to buy oil priced against European Brent, according to analysts' estimates."



To: E_K_S who wrote (50635)1/22/2013 3:42:29 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78958
 
Yet another reason to buy BRK :)



To: E_K_S who wrote (50635)1/23/2013 5:57:31 AM
From: Ditchdigger  Respond to of 78958
 
"It appears that this rail car boom will last for years until the new pipelines can be built."

-With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department.-

-“Railroads are not just a stopgap while we wait for a pipeline,” Hatch said in an interview. “They are potentially part of the long-term solution.”-
bloomberg.com


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