TSX:CUS.DB.D - Post by User
Post by
ocean112on Feb 26, 2015 3:23pm
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Post# 23469237
As predicted....
As predicted....Read below....
Storage is filling up quickly - pipelines ship to Cushing and storage is filling up quickly - limited markets - helps to have a rail line that can ship directly to multiple markets - multiple refiners - DIRECTLY - on the east, west, and gulf coast!
I expect WTI/WCS spreads to increase and even if they don't - having flexibility to move your crude directly to the refiner via rail in multiple markets - when all the storage fills up - in this environment would be extremely valuable.
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https://www.cnbc.com/id/102453323