Quote:
Originally Posted by fishon
Shutting down Keystone pipeline was the game changer driving up futures and then prices.
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BS.
It was never open.
Would have taken two or more years to finish.
It was tar oil. The dirtiest most expensive stuff to produce, and refine, and all for export.
Would not have made a jot of difference to the oil/gas price and shortage today, even if construction had continued.
Covid and lack of world demand, reduced sales and production.
Post Covid, big demand, and world wide shortages.
The market rules!