Posted 4/22/2014 10:44 (#3830097 - in reply to #3823475) Subject: RE: North Dakota grain/oil shipment facts
Twin Cities
I've read that Brent Crude is at a $10-15 premium to West Texas Crude, a reason why oil companies aren't in any hurry to move their product south to Cushing. With that said you think big oil would be big proponents of the Enbridge Sandpiper line going east. Pretty simple economics at play with rail having more arbitrage options.
North Dakota grain/oil shipment facts
