Quote:
Originally Posted by Airboy
Cousin works for Shell, the refiners are still making money. They are paying the Alberta Select price.
Anything East of Ontario are paying the WTI or World Price.
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The refiners are making boatloads of money right now. They need to in order to offset the massive losses they are taking on the upstream side of their business right now. So even at that they are still lucky to be breaking even overall.