> Who’s winning the MOST BIGLY from Operation Epstein Distraction? Vertically. Integrated Canadian heavy oil producers!

With the exception of EOG Resources, the major U.S. producers hedge future production and to the extent they  are hedged, they’re not benefitting from higher oil prices yet.  Also fracked oil is lower molecular weight and not good for refining into high margin diesel or jet fuel.

The people making serious money now are Suncor, Cenovus and CNR.  They’re not hedged, they produce heavy oil, they have their own refining operations and they’re cranking out the good high margin stuff, diesel and jet fuel, and selling it at full market price.

Canada is fuqing minting money off Trump’s war.