Seeking Alpha

Seeking to capitalize on the persistent discount of WTI crude to Brent, rail and pipeline...

Seeking to capitalize on the persistent discount of WTI crude to Brent, rail and pipeline companies are building infrastructure to move landlocked WTI oil from Oklahoma to Gulf Coast refineries. Gotta love capitalism - if an arbitrage exists, someone will be there to take advantage.
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Comments (1)
  • Uncle Pie
    , contributor
    Comments (3792) | Send Message
     
    Since this pipeline won't cross any international boundaries, it won't have to be approved by the Washington politicians like the pending Keystone pipeline from Alberta and so is more likely to be built quickly. Either way, the market for oil from Canada's oil sands will be growing. What alternative is there?
    27 Apr 2011, 12:14 PM Reply Like
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