Rising Canadian crude output triggering more crude-by-rail again
www.spglobal.com/commodityinsights/en/market-insights/latest…
Canadian crude oil production has exceeded pre-pandemic levels and is poised to hit new records above 5.2 million b/d by the end of 2022, opening up a crude-by-rail arbitrage until pipeline capacity catches up.
DB2
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Rising Canadian crude output triggering more crude-by-rail again
www.spglobal.com/commodityinsights/en/market-insights/latest……
Canadian crude oil production has exceeded pre-pandemic levels and is poised to hit new records above 5.2 million b/d by the end of 2022, opening up a crude-by-rail arbitrage until pipeline capacity catches up.
Heh a rather sheepish call from the WH and my big guys*** sprang into action to once again save all y’all’s sorry butts from political nonsense and high gas prices? }};-D
My TFSA accounts thank you.
*** Suncor, TcEnergy, Pembina and Enbridge.
Anymouse