In Feb of 2019 at the same WTI price (SP 95 cents) The Globe and Mail reports in its Wednesday edition that Athabasca Oil's stock has failed to rally despite stronger fundamentals. The Globe's David Berman writes that the price of Canadian oil has rebounded from recent lows, but Athabasca's share price remains in the dumps at under a dollar, raising questions. According to the bullish argument, the wide discount between Western Canadian Select (WCS) and West Texas Intermediate (WTI) would eventually narrow as governments and producers tackled the reason behind it: pipeline delays. One issue weighing on the rebound is the fact that some observers believe that the higher price of WCS -- and lower discount -- is temporary. "Canada is facing an epic pipeline problem. And while the current Alberta production cuts are providing near-term reprieve, the pressure in the system will continue to build once the curtailments roll off," analysts at CIBC World Markets said in a note to clients last week. Also, the company was pushed to shore up its balance sheet by selling its Leismer pipelines and Cheecham storage terminal to Enbridge. That means Athabasca must now pay another company to transport its oil. Still, some analysts see Athabasca as high-risk, high reward.