Seeking Alpha
  • George Fisher
    Hillbilly-:As a compliment to PNG, ck out SE - MLP type assets without the tax hastles,expanded into Bakken. http://seekingalpha.com/a/mqfd
    12/12/12
    Reply (15)
    • Hillbilly Stock Star: Thanks Jon! I am using Mitt's CPA this year so hopefully I will be paying very little tax!
      12/12/12
    • George Fisher: Just don't use Mitt's vote counter as you may be off by a few million.
      12/12/12
    • Hillbilly Stock Star: You know how they ship crude via rail cheaper than pipe?
      12/12/12
    • Hillbilly Stock Star: I get the spread/refinery flexiability etc yet still cheaper?
      12/12/12
    • George Fisher: I think it's supply/demand thingy-Miss River drying up, lack of pipe from Bakken makes rail attractive. CNI has large oil rail biz, long NSC
      12/12/12
    • George Fisher: Have read the EPD pipe reversal will help but not by all that is needed. Keystone still an unresolved issue as well
      12/12/12
    • Hillbilly Stock Star: All-in are we really gonna need Canadian "heavy"?
      12/12/12
    • Hillbilly Stock Star: Maybe we need some big tanks in the Bakken ala Cushing! LoL!
      12/12/12
    • Hillbilly Stock Star: OKS .....open season for "Bakken Express" not enough commitments?
      12/12/12
    • George Fisher: HSS, I think much of Cnd Heavy will go to export through NO, and yes we need heavy. Don;t believe self-sufficency as it goes against
      12/12/12
    • George Fisher: wealth redistribution. I I think fracking will get very expensive by the time EPA is done. Wash may not like LNG exports as well.
      12/12/12
    • Hillbilly Stock Star: Exports via refined products, maybe we can double exports.
      12/12/12
    • Hillbilly Stock Star: $CLR .....well costs dropped from $8M to $6M Long.
      12/12/12
    • Ocean Man: Rail costs more, but the price at the end of the rail can be $20 more per barrel than the price at the end of the pipe.
      12/13/12
    • Ocean Man: But some companies like EOG have reduced rail costs because they built the infrastructure.
      12/13/12