Guernsey’s Pipe Squeeze: Brent Rises, Spot Rail Stays Shut
Brent’s jump on Iran supply risk meets constrained Canadian egress and a prompt WTI contract below one hundred dollars. In the Rockies, flat Guernsey indications mask heavy pipeline proration, limited Midwest refinery demand, and discounted northbound outlets—keeping spot rail economics weak across the Uinta and Bakken.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.