RE:Canada heavy oil headed towards multi-year highsChoo Choo Thomas the train is coming!
https://oilprice.com/Latest-Energy-News/World-News/WCS-WTI-Spread-Narrows-As-Exports-By-Rail-Pick-Up.html quote=EstevanOutsider]Already gained $10 in two weeks. Refiner demand is extremely strong for WCS as opposed to tight oil from the yellow brick road. Pumper? No, I am not a pumper. I base my investments on my own opinion and personal research. My opinion is that oil will surpass $80 again this year and we will face a supply shortage. Pipelines? Our oil was super high prior to Keystone and TransMountain and my only fear shortterm is SENTIMENT.
If you're going to make investments, do your own research and don't blame people for any downfall. Athabasca is a great company and undervalued. Unless you believe oil is in oversupply, that shale is taking over the industry and that the oilsands are dead, then Athabasca remains a good choice.
Link to Heavy Oil expected to hit multiyear high:
https://www.stockhouse.com/companies/bullboard?symbol=t.ath&replyto=0[/quote]