The spread between Brent crude and Nymex WTI crude fell to its lowest point since February today...


The spread between Brent crude and Nymex WTI crude fell to its lowest point since February today after Enbridge (ENB) and Enterprise Partners (EPD), owners of the Seaway pipeline which is slated to carry crude from the oversupplied Midwest to the Gulf of Mexico, asked federal authorities to fast-forward the project by about two weeks.

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Comments (2)
  • hgv
    , contributor
    Comments (13) | Send Message
     
    Is there any reason, logical or otherwise, the Feds won't agree? Hope not. However, based on recent Fed/Obama/pipeline decisions who can know.
    17 Apr 2012, 12:10 AM Reply Like
  • lco399
    , contributor
    Comment (1) | Send Message
     
    I am an indivial investor with positions in (SPH),(EPD).(NS) And(ERF)

     

    Am with in 6o days of being 95 years of age ,and with 85% loss.

     

    If OBOMA gets his way on pipelines it seems to me the future
    will be a slow recovery.
    17 Apr 2012, 02:39 PM Reply Like
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