Ath should be 2.50 minimumLast May wti was at 52 dollars USA and the spreads were wider between wti and wcs
by about ten dollars, boe
wti prices have seen a steady climb from 52 to an average of 63.00 roughfully over the same time period
Though ath has hedged its dilute heavy oil at 48 for the first half of 18
the hedge is not long term and ath is mostly light oil
Ath also has tmx pipeline capacity upcoming of 20 k Boeing daily
the fcf improved dramatically second half of 17 and eighteen looks to be greater again