Energy Investing - If a ban on Exports would be no biggie, explain just how Canadian oil would get to market? - Energy Investing - InvestorVillage


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Msg  369742 of 371404  at  11/24/2021 8:06:08 AM  by

doomonyou


 In response to msg 369733 by  Wilk
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Re: If a ban on Exports would be no biggie, explain just how Canadian oil would get to market?

I think it actually would be very easy.

Take the Scenario where US oil is now not allowed to export. We have massive capacity to do so, and far better pipeline capacity to get oil from the high Northern US to the Gulf (DAPL, reversal of the Capline, etc). Plus the TMP is moving towards actually being finished on top of that...

Given that Brent prices would moonshot, whatever you lose moving Canadian oil will easily be absorbed by the price blast.

Basically, all Canadian oil will be shipped overseas, while a huge chunk of US oil heads north in Trains at a massive discount to replace Canadian oil being shipped away.



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Replies
Msg # Subject Author Recs Date Posted
369747 Re: If a ban on Exports would be no biggie, explain just how Canadian oil would get to market? Pipeless_Pauper 1 11/24/2021 8:13:31 AM
369759 Re: If a ban on Exports would be no biggie, explain just how Canadian oil would get to market? beenbrokebeenflush 29 11/24/2021 8:29:01 AM
369781 Re: If a ban on Exports would be no biggie, explain just how Canadian oil would get to market? Kupotea 3 11/24/2021 9:04:20 AM


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