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Wednesday, January 19, 2011

Price Spreads Among Various Crude Oils

Link here.

The gap between domestic oil (i.e., Bakken) and foreign oil (e.g., Brent) continues to widen.

I have never followed these spreads very closely but something tells me the spreads will become more interesting over time.

Enbridge will be flowing only sweet crude oil through its system starting soon.

Enbridge will be shutting down its main pipeline for scheduled maintenance on two separate occasions sometime between February and March, 2011.

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