RE:Canadian Western Select at two year low yesterdaylol JG you still don't know anything.
WCS is trading so low because pipeline capacity is full, so producers are undercutting each other to get the oil out. It is not because there is abundant pipe capacity out there. ENB running at basically 100% and anything they build has immediate 100% usage.
it's amazing how you try and relate 2 opposite things as a reason why. markets are just topping out for this cycle, but I'd rather be here than in any bank lmao. (also the plunge as Q3 closed was easily scripted as this is always mutual fund year end happens so they sell low at any price because they are morons).....this should outperform in the long term (tho with market selloff continuing doesn't mean it'll be up on an absolute basis in the short term)