Alberta GOv
Can mandate all crude coming from alberta, which at present is being vultured by the us. WCS is heavy, makes diesel, heating, and oils. IMO its about time. As the WCS drop has hit cpg. But CPG doesn't have WCS exposer. I think it was a targeted hit. But management hasn't really been cleaned out. The have downstream WTI good producing low cost assets in the US. They will weather this storm. If they can cut the management at the trough and realize efficiencies that they did last quarter. Cation can go fly a kite.