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Friday, May 18, 2012

Update on the Seaway Reversal -- All About The Bakken

For the twenty percent of readers who have responded to the poll by saying they don't know anything about the Seaway reversal, here's the Wall Street Journal link to the story.

The story says that the reversal, which hadn't even started at the time the story was published, or had just started within the previous 24 hours, says that the Brent-WTI spread has already narrowed by $4. The writer says the spread was $19 last week; yesterday they say it was $15. 

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