Veren Inc T.VRN

Maritime export facility capacity

[sebastian2]

Just doing some quick match.  Because of Trans Mountain pipeline there is some extra export capacity at the marine loading facilities that would probably be taken up by canadian producers because of US tariffs.   This would probably diver enough heavy crude away from US market to cause a 200K maybe 300K shortfall.   It may net seem like much but that will cause problems for US refiners at least over the next few months. Even if we need to keep selling that 3.5Mb/day at bigger discount due to the tariffs the shortfall will be another issue for US refineries to deal with.  Also if the crude is just trasported and sold to be loaded on foreigh tankers in Galveston for example no duty would apply and transit fees would only be subject to current pricing as per existing contracts so there is some room to diversify even through US terminals if needed.

[darb]

Right now the spread between WTI and WCS is about $13. The tariff will basically flatten the price. They will keep buying.

[Anschutz]

Let's see what Trump applies the tariffs towards.Trump would be wise to impose tariffs on goods originating from Ontario, Quebec, Maritimes, BC and Manitoba if trying to effect regime change in Ottawa. There's no reason for AB/Smith to participate as all it will do is cede market share to other countries/suppliers. If there are no tarrifs on AB then there's no business case for

[packerdriver]

Anchutz is DREAMING in techniclolor!!! "Trump would be wise" Really? and "If there are no tariffs on Alberta" Yeah, right! Even after kissing Trump's ring at Mar-a-Lago, Smith said Trump told her oil would not be exempted....AND EVEN IF IT WERE....there's still about 20% of AB exports to the US that are NOT oil and gas. Dream on, man! NOBODY knows what Trump is going to

[Seppelt]

It was Trudeau who kissed Trump's ring. And then he was told to disappear and never come back. I can't believe they're any investors in oil and gas clearing for liberals. Must be retards or annoying trolls. Or both.

[Marty47]

Packer , not everybody on this boards just copy paste stuff on internet , some people do give their opinion on subject rather than firing link from google , Danielle Smith know something from her trip with mister wonderful ... he has some friends and she got some inputs , I think she may know no Tarrif on oil that's why she fight to keep retaliation using Alberta oil .... and I rather see

[Seppelt]

Marty. I disagree with your last sentence. There is nothing wrong with liberal cheerleaders pleasuring their great leader. The only thing is that they must swallow to protect the environment.

[packerdriver]

Well thanks Marty for sharing what you see in your crystal ball. That is SOooo helpful! You seem to have a real problem with me posting links. (?) Lately I posted links to an AB government website, the Fraser Institute, the National Post (quoting Smith). None of these entities are run by "libtards"....quite the opposite!....You see, Marty, I'm at a disadvantage, I don't own a

[Marty47]

Baaaaa what r u talking I'm no upset .... never will as I said you should been the one who run for the libtards job as you say you look for "fact and figure " that's not what your lover Justine really did in 9 years  "the budget will fix by itself lmao" Justine never look at facts and far to be someone with a "crystal ball" he was just a poor teacher with

[packerdriver]

Marty...pay attention, the discussion was about Trump, Smith and tariffs....what's with this "Justine" fixation of yours you go back to when you can't address the topic at hand???....happens every time...like a broken record...SAD! Trudeau's gone....try to focus on the here and now...as well as the future.....you caught the car! you can quit barking now, ok?