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It's a better contract than a few ago, when its relevance as an oil pricing benchmark was questionable with the bulk of U.S. crude production trapped in the Midwest without adequate delivery, now with all the pipeline extensions and removal of transportation bottlenecks, the contract is a lot more efficient in delivery and should get a higher weighting compared to other crude grades out there.

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Reuters 8 years ago

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    "Scott Shelton Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.quotes.net/citizen-quote/139295>.

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