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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Comment by skiptoggleon Dec 04, 2019 4:49pm
163 Views
Post# 30422551

RE:Will this story possibly affect our condensate demand?

RE:Will this story possibly affect our condensate demand?It applies to the shipping by rail transportation option and not pipeline transportation.  With the logic being the cost difference to ship heavy bitumen vs diluted bitumen in rail cars is cheaper when undiluted.  Makes sense from a ship by rail strategy if you can't find pipeline capacity to move product.  

Shipping by pipeline is cheaper with the diluted product as the product flows using less energy when diluted.  For Alberta's sake I hope it helps increase deman for the heavy stuff.

Remember also, the condensate is valuable in it's own right not just as a dilutent for bitumen. Plus the with shortage of condensate in in Canada to begin with I'd see it impacting imports before impacting domestic production.

montrus wrote: if now now, then somewhere down the road?  Thoughts?

https://calgaryherald.com/business/energy/oilsands-crude-could-get-even-heavier-as-companies-look-to-save-transportation-costs


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