RE:RE:RE:RE:RBC Initiates overage with $3.50 PT - Globe and MailFor one thing, the small Canadian producers only have sour crude to sell.
You know the upcoming new regulations about sulfer and now with the Saudi plant destroyed, even
Saudis only have sour crude to sell. The big need is for sweet, heavy or light, but it has to be sweet.
I only know of 3 Canadian players who can offer sweet crude to customers; Suncor, CNQ and Husky.
That's what your producers are missing and it's a biggie. There are other reasons why they don't
make good long term investments but on this issue alone, they will always be at a disadvantage in
terms the kind of cash flow they are able to generate. And that's part of the reason why the big players,
especially Suncor, have that monstrous cash flow coming in quarter after quarter.