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To: Dennis Roth who wrote (184858)7/10/2014 9:25:18 AM
From: Dennis Roth1 Recommendation

Recommended By
evestor

  Read Replies (1) | Respond to of 206098
 
Rail terminal could bring more Canadian oil to Gulf
Posted on July 9, 2014 at 4:20 pm by Collin Eaton
fuelfix.com

...It’s rare for anyone to attempt a terminal project of that size, said Charles Clowdis, managing director of global trade and transportation for IHS Economics. “Any time you’re in an area with refining capability, you have someone planning a quicker way to get it in and out of there,” he said. “But I’ve seen nothing like this project. That’s why it’s big news.”

If approved, the project could bring some relief to Gulf Coast refiners, which have watched Venezuela redirect much of its heavy crude exports to other markets because of deteriorating relations with the U.S....



To: Dennis Roth who wrote (184858)7/11/2014 6:58:44 AM
From: Dennis Roth3 Recommendations

Recommended By
evestor
LoneClone
quehubo

  Read Replies (1) | Respond to of 206098
 
Precision Drilling Corporation (PDS), Offshore Driller Q2 Playbook, Things We've Learned This Week,
US EIA Petroleum Statistics

Precision Drilling Corporation (PDS)
Strength in Canada to be Muted by Change in Depreciation Handling
10 July 2014 sendspace.com

Offshore Driller Q2 Playbook
See You In September
11 July 2014 sendspace.com

Oilfield Services
Things We've Learned This Week
10 July 2014 sendspace.com

US EIA Petroleum Statistics
Gulf Coast refineries hit record run rates, whittling down bloated crude stocks,
even as US production hits new recent high
9 July 2014 ¦ 27 pages ir.citi.com

Nationwide crude inventories drew 2.4-m bbls as US Gulf Coast refineries ran at
record levels while USGC crude imports remained muted, even as US crude
production hit a new recent high of 8.5-m b/d, up 1.1-m b/d y/y.
Cushing crude stocks built 447-k bbls as Keystone Gulf Coast and Seaway
pipeline flows remained muted, while Basin and Hawthorn rail inflows rose
somewhat. Based on flows so far this week, Cushing could draw modestly next
week, perhaps some 0.1-0.6-m bbls. Product stocks built as refinery output
continued to outpace domestic and export demand. Total gasoline stocks built
579-k bbls, while distillate stocks built 227-k bbls Cargo movements suggested
that US product exports were flattish w/w, remaining somewhat robust. Brent-
WTI narrowed over the week, driven by the fall in Brent-LLS.