Bakken Differentials Rose To Strongest Level In Nearly 3 Years On Alberta Wildfire Shut-Ins -- May 10, 2016

Reuters is reporting: U.S. Cash Crude-Bakken grades jump to near 3-year high on Alberta wildfire shut-ins. (I think "they" are talking "differentials"; not actual spot cash prices, if that makes sense.) If this is important to you, see the link.

• Bakken differentials rose on Monday to the strongest in nearly three years as traders hurried to buy the crude on worries about supply constraints due to a raging wildfire in Canada's Alberta province. 
• The move follows Syncrude Canada cutting estimated production volumes by some 35 percent in May after a wildfire forced the company to close its mines and upgrader operations over the weekend. 
• U.S. Bakken for June settled at 40 cents a barrel over WTI from 35 cents a barrel below WTI on Friday, according to Shorcan Energy Brokers. That was the strongest since July 2013. -- This is the basis for the headline.
•  Canadian crude prices climbed further on Monday as the wildfire entered a second week, with offline capacity estimated at around 1 million barrels per day. 
• Light, sweet barrels in the U.S. Gulf got a boost, with traders expecting barrels to possibly move inland as a result of the production curbs. 
• Light Louisiana Sweet (WTC-LLS) for June delivery rose 20.5 cents to a midpoint of $2.13 and traded between $2.05 and $2.15 a barrel premium to U.S. crude futures. 
• Mars Sour (WTC-MRS (LSE: MRS.L - news) ) rose 3 cents to a midpoint of -$3.22 and traded between $3.20 and $3.25 a barrel discount to U.S. crude futures.
• WTI Midland (WTC-WTM) rose 7 cents to a midpoint of -$0.13 and traded at a 10 cent a barrel discount to U.S. crude futures. 

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Six Consecutive Yahtzees