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Re: catdaddyrt post# 1600

Saturday, 09/19/2015 9:46:24 AM

Saturday, September 19, 2015 9:46:24 AM

Post# of 1887
Great intel Cat. Backs up my thinking posted a couple days ago. Refineries here are old design, for what at that time was the world standard, heavy crude. Change is a certainty... Shale oil has a bigger part to play on the world stage. It won't fade away! Sorry OPEC. Saudi Arabia will be fine... They still have the lowest cost supply so quit with the greed!
Public wants Keystone XL. It will help the US and Canadian economies, so get out of the way. Lets import what our refineries need from our friends to the North and export what they can't handle while they follow NTI and improve their design. Exporting crude won't affect NTI very much. We will be fine regardless. Other US refineries will need to change when spreads tighten. Heck it may facilitate bringing them into the 21st century... GLTA!

"A nickel isn't worth a dime today." Yogi Berra