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<blockquote data-quote="FightingSioux" data-source="post: 412444" data-attributes="member: 1333"><p>I don’t think there is a shortage of tar sands in the US otherwise you would see a premium on Canadian crude. The discount has narrowed but is not 0 compared to WTI and that’s due to trans mountain coming online. Keystone XL was only supposed to supply one refinery. Now the refineries might not make as much profit without that big discount on Canadian crude ( and likely just pass that cost onto consumers)</p></blockquote><p></p>
[QUOTE="FightingSioux, post: 412444, member: 1333"] I don’t think there is a shortage of tar sands in the US otherwise you would see a premium on Canadian crude. The discount has narrowed but is not 0 compared to WTI and that’s due to trans mountain coming online. Keystone XL was only supposed to supply one refinery. Now the refineries might not make as much profit without that big discount on Canadian crude ( and likely just pass that cost onto consumers) [/QUOTE]
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