why are you trying to short sumthin that has shown strong support and based above 40 ?
why are you trying to short the "oil market" when its bottoming ? Didn't anybody teach you to cover and move on when its bottoming ?
hey loser why are you a dumb perma bear ?
"That mean’s competition will increase for the flow "
That makes no sense. pipelines are geographically constrained.
looking at the price action for RGP share price over the past few months, I think your wrong. RGP by itself at best is a non-growing limited partner thats below investment grade. The loss in yield is the only negative. Keep in mind that RGP isn't able to grow by itself, and an mpl that doesn't grow is doomed.
is it possible to see a turn in long standing mideast policy of instead of waging war for more oil production, that we may wage war to curtail oil production from anti-american groups ? Saudis ought to be carefull what they wish for.
the issue is not whether its a fire risk or not but the total environmental damage from transport. The exxon valdex and the BP deep water are bigger risks than a few fires considering that fires always burn out.
rails get derailed, tanker trucks crash they will all spill someplace a properly constructed and maintained pipeline has less SPILL risk than other means.
Thiose are facts despite your obvious hate against tar sands.
If I were god I would instruct the canadians to build their own refineries next to the tar sands and export their own oil. Apparently thats not competitive.
would you rather have spills from truck, train or tanker ?
whether you like it or not canada tar sands oil is going to move as long as the price is right. So whats the safest way ??