Out of the box
posted on
May 15, 2008 06:16AM
Out of the box, maybe the refinery is being held as a hedge toward building an upgrader in Alberta. With costs to building an upgrader going up the refinery's value will, maybe, rise in line with projected costs of an upgrader. The Ab government may give incentives, may, to upgrade in Ab. Thus the savings from not building a pipeline, money from the sale of the refinery, maybe gov., incentives will add up to a nearby upgrader. Any thoughts on my out of thye box.