ping
Yep. Lack of pipeline cpapcity has been hurting prices up here for a while. Discounts of $25-30 dollars a barrel are not uncommon, and Canadian crude coming down hurts the producers here in the long run. It also provides some disincentive to drill for what had been the premium mid-continent oil, priced at one time on par with WTI. It is not the quality or refinability of the oil, just the capacity to transport it.