Pipelines Unclogged, But Canadian Crude Now Faces U.S. Gulf Coast Glut
By Nia Williams and Arathy Somasekhar (Reuters) – After long being deeply discounted for years because of a lack of pipelines, Canadian heavy crude is finally trading like a “North American” grade, moving in tandem with U.S. sour crudes sold on the Gulf Coast after Enbridge Inc expanded its Line 3 pipeline late last year….
