RE:RE:RE:RE:Keystone Not sure who you are directing this at, but my point is MEG is not as negatively impacted by the shutdown as other Canadian producers. MEG uses the Enbridge mainline not TMX.
From MEG's presentation
"Currently ~60-65% of Christina Lake blend volumes have access to global pricing at the USGC" cashtango00 wrote: With all due respect, the Keystone issue is definitely a negative for MEG, not for transportation issues as others are, but because of the increased WCS spread. The minimal effect it may have on WTI is dwarfed by the negative WCS factor which is large. For every $ 1 increase in the spread, MEG loses 45m cash flow. That's substantial for a company this size