Lightstream Resources Ltd. LSTMF

RE: cpg up pbn down

[cashisgood2]

It is plain to see and has been for close to a year.  There is an Oil glut out West and very few place to ship to inexpensively and limited refining capacity  / buyers closeby. This translates into depressed prices for producers. The pipelines which could carry oil cheaply to world market and better prices have not even been approved and would take two years to built. In the near future rail transportation from the Bakken to East-Coast refiners will begin. That will cost between $14 - $18 per barrel and the producer still has to get his crude from the wheel head to the filling terminal.

Headlines I'd like to read: Northern Gate Pipeline approved, XL construction to start in four month or Western Curde  arrives in Montreal.   And my absolute favorite: PBN hits all time high at $35.