Title : This Will Compete For Top Story Of The Month -- Bakken Traded Higher Than WTI This Past Week -- First Time Since 2015 -- DAPL -- August 6, 2017
link : This Will Compete For Top Story Of The Month -- Bakken Traded Higher Than WTI This Past Week -- First Time Since 2015 -- DAPL -- August 6, 2017
This Will Compete For Top Story Of The Month -- Bakken Traded Higher Than WTI This Past Week -- First Time Since 2015 -- DAPL -- August 6, 2017
Before I get to the linked story, for the mineral rights owners -- this is what the DAPL protests cost "us."Now the linked story from Platts:
Bakken shale crude in Guernsey, Wyoming, traded this week at a premium to the front-month WTI calendar-month average for the first time since 2015. Traders said that the spike in value is the result of shifting crude flows in the region since the startup of the 520,000 b/d Dakota Access Pipeline.How long was the DAPL delayed? Two years of senselessness?
And more from the linked article:
"I think it will go stronger," one Bakken crude trader said. "Traders need an incentive to ship there."
Differentials for Bakken in Guernsey have been narrowing steadily since Dakota Access began commercial deliveries in June. The average for Bakken ex-Guernsey in July was WTI CMA minus 42 cents/b, compared to a pre-Dakota Access average of minus $1.31/b in May.A huge "thank you" to the reader for sending me the link.
Thus Article This Will Compete For Top Story Of The Month -- Bakken Traded Higher Than WTI This Past Week -- First Time Since 2015 -- DAPL -- August 6, 2017
That's an article This Will Compete For Top Story Of The Month -- Bakken Traded Higher Than WTI This Past Week -- First Time Since 2015 -- DAPL -- August 6, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
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