Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - Maybe the stuff in the Trans Mountian pipeline could go the these guys Chaos in Europe - Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - InvestorVillage
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Msg  103448 of 105113  at  1/17/2020 4:59:09 PM  by

Burgundy11


 In response to msg 103444 by  rfk
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Re: Maybe the stuff in the Trans Mountian pipeline could go the these guys Chaos in Europe

Although shipping oil by tanker can be cheaper than by pipeline, OPEC oil prices are generally quite a bit higher than those of Western Canada. If Quebec and the East in general hadn't been so resistant to a pipeline like Energy East, cheaper Canadian oil would either be flowing already or would be close to flowing. Canada would also be refining a lot more of it in New Brunswick and be far less dependent on oil from politically unstable places. The price would likely be higher than it is now because Canadian oil would finally get to tidewater but hardly likely to be higher than OPEC prices.


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Msg # Subject Author Recs Date Posted
103450 Re: Maybe the stuff in the Trans Mountian pipeline could go the these guys Chaos in Europe rfk 1 1/17/2020 9:27:14 PM






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