Canasia Industries Corporation V.CAJ

Heavy Oil price

[Oilseeker]

The so-called Canadian discount on crude oil jumped above $30 a barrel this month, thanks to a lack of pipeline capacity to the West Coast and a glut of oil supply at refineries in the U.S. Midwest.
That means a barrel of Western Canada heavy oil, including production from Alberta’s oil sands is selling this month for about $75 compared to a world price of about $107 for heavy oil. Heavy oil, laden with sulphur, requires more processing than so-called light sweet crudes which are fetching about $125 a barrel this week on world markets.

108 barrels/day = 39,420 barrels/year at anywhere from 68 to 74 / barrel = 2,522,880 dallars less expenses

Not bad, Year of the Profit, Oilseeker

[td516]

hey oil  i normally like  your post;s [but what has this info got to do with this board [this is caj ]??????

[zimmee]

You interesting should go on the = HOU = board and people will like it with your stuff. Thanks. I send you a link about that SP value as it closed Friday at $4.02, see below:Horizons BetaPro NYMEX Crude Oil Bull Plus ETFHOUgo to snapshotadd to favorites The investment seeks to replicate, before fees and expenses, twice the daily performance of the MSCI Emerging Markets Index. The fund may invest