Seeking Alpha

Plains All American's (PAA) purchase of five crude oil rail terminals is a sign that big players...

Plains All American's (PAA) purchase of five crude oil rail terminals is a sign that big players are betting against a big narrowing of Brent-WTI prices any time soon, Robert Campbell writes. PAA has staked $500M on a belief that inland and perhaps Gulf Coast crude prices will remain sufficiently depressed to support very high-cost movements to the U.S. coasts for years to come.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs