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Bakken oil prices in September traded at a premium to WTI for the first time in nearly a year,...

Bakken oil prices in September traded at a premium to WTI for the first time in nearly a year, and analysts say the premium could continue for another year. Although it could hurt margins for Midwest refiners, pump prices could ease for drivers along the coasts. Credit goes to new rail lines and terminals built by TSO, EOG, STO and others, which are hauling the geographically isolated crude to refineries.
Comments (2)
  • bobby44
    , contributor
    Comments (189) | Send Message
     
    I saw one of these up close. Great stuff - no regulators, no protestors, existing facilities for the most part and some new facilities that you would need anyhow. Innovators will always find a way.
    5 Oct 2012, 12:01 PM Reply Like
  • PalmDesertRat
    , contributor
    Comments (2656) | Send Message
     
    bot some eog today at 108.68
    12 Oct 2012, 11:16 AM Reply Like
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