Tuesday, May 1, 2012

Rufus Is Back: Links To Reason Why WTI/Bakken Spread Narrows

Rufus is back: provides link to Bloomberg's reason why WTI/Bakken spread narrowed.
The discount for Bakken oil narrowed to the smallest margin since December before work on an Alberta upgrader that will reduce output of Canadian synthetic crudes.

Syncrude Canada Ltd. plans to start work on the 8-3 coker at its upgrader near Fort McMurray, Alberta, by May 4, ... 60 days of work planned on the coker in the second quarter hasn’t started yet.
And speaking of Rufus over at Teegue's Bakken Shale Discussion Group:
 

Honey sweet: this is barbecue sauce, not rum. 
Rufus Teague Barbecue Sauce
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