GREY:PSLRF - Post by User
Comment by
Sir_Holleron Jan 04, 2013 12:06pm
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Post# 20797968
RE: RE: RE: RE: Level 2
RE: RE: RE: RE: Level 2
Just like Western Canadian Select plunged to $45, some analysts believe WTI will plunge vs. Brent. Bank of America believes $50 WTI is in the cards due to the surging shale production. The U.S. is also about to enter the real fiscal cliff talks over the next couple of months and we've seen what uncettainty can do to price. Do you know why more PXL oil isn't being shipped by rail? Is there a constraining factor?