Dew, if you're referring to the price premium vs WTI, i suspect that it's because Bakken's API is 40+ vs WTI which is just under 40. Another possible reason is that the oil-sands folks in Canada need diluent.
those are just WAGs so i'd ask HES's IR experts anyway. cheers Charlie
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.