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Re: DewDiligence post# 4330

Wednesday, 02/15/2012 3:47:35 PM

Wednesday, February 15, 2012 3:47:35 PM

Post# of 30493
because i almost bought it a week ago and didn't!
actually no clue
perhaps it is related to widening baaken discount to wti that you referenced on this board
as you know hess should have their rail infrastructure on line soon - so they are not affected and will be getting nice gulf premiums (as it is if i recall they send to st james and bypass midwest bottleneck although i coudl be wrong here)
so one guess is that they will have excess capacity and actually be able to get decent money on added rail capacity since they should have 54K daily capacity in rail and probably produce mid-40s currently in baaken
again WAG

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