InvestorsHub Logo

OakesCS

02/14/12 11:19 AM

#4311 RE: DewDiligence #4309

bakken pricing

a friend in a hedge fund recently told me that at least one large bakken producer has wrapped up a contract with a railroad to move something like 50k bbl/day to Texas. (I'm going by memory so my feelings won't get hurt if somebody questions the magnitude).

at a delta of $25/bbl alternatives will be found.