
Triple-Digit W-T-I, but GERN-zee Barrels Still Face a Bottleneck
Geopolitical supply risks and a sharply higher W-T-I screen set the backdrop, but the brief focuses on what those prices mean for Rockies and Bakken flows. In GERN-zee, prorated exits and competing Canadian and Bakken inflows leave uncommitted barrels with limited options; the Uinta rail netback also remains below local postings.
The skinny
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