Last year the DIFF on WCS was $30 Bucks now is $12 to $14But the fact of the matter is right now Oil is going to fall to at least 67.00
Right now the lull in the afternoon has it at 67.73
TVE could fall a lot today. and this week to 3.40 or less. Not to scare anyone but this is what the traders want. They scare people out of their shares. The BIG BANK TRADERS.
The industry feels uninvestable.
One day to the next.
And we didnt even get to the election or the OPEC December 1, 2024 Meeting.
The Saudis said recently oil could fall to 50 Bucks. They may want that for six months so All of North American production goes underwater.
Maybe we will get lucky at 5pm.