TSX:HSE.PR.B - Post by User
Comment by
pablo87on Mar 23, 2020 4:44pm
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Post# 30839223
RE:vanishing crack spread
RE:vanishing crack spreadYeah I've never seen RBOB so low (0.46 cents per gallon). Could be wrong but Husky feeds heavy oil to its refineries so the input cost of the 3 barrels is significantly less than WTI (of course have to include the transportation costs - this is the problem of having sold 2/3 of midstream...the corridor is not so integrated...for us minority shareholders at least...). Plus, they can always shut down their own production and buy locally instead..