Quote:
Originally Posted by Ducay
Ha, serious? I'd explain in much more detail but I can't (legally). Take a look at crude differentials (Brent in particular) and you'll see. In generalized terms, the US Gulf is a huge refining hub because it all gets shipped internationally from there.
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Is Canada getting Brent prices for exports to the US? I suspect we'd get a healthy premium for the oilsands blend if it was shipped off the west coast.