LID
Active VIP Member
I'm not up on this so forgive the question, why are you guys forced to give the discount at Cushing (where is this)?
If the world market price (there are different ones but this is the simplest way to look at it) is $100, Canadian oil gets less because we only have one place we can ship it. It puts us at a disadvantage. They play up shortages and high prices, but there's lots of oil in the tanks at Cushing, Oklahoma, where a good chunk of our oil goes.