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DewDiligence

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DewDiligence

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Re: dewophile post# 5277

Friday, 07/13/2012 12:50:30 PM

Friday, July 13, 2012 12:50:30 PM

Post# of 29611
HES and other Bakken players could benefit indirectly from a new Shell pipeline from St. James, Louisiana, to Gulf of Mexico refineries:

http://www.reuters.com/article/2012/07/12/pipeline-shell-idUSL2E8IC5DP20120712

St. James is the destination for some Bakken crude shipped to the Gulf by rail, so Shell’s pipeline could lessen the glut there, improving the market price for Bakken crude moving by rail.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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