November 17, 2015 – Reuters
Seaway shipments lag on closed arbitrage, end-of-year taxes
By: Liz Hampton
Nov 17 Crude shipments on a major pipeline from Cushing, Oklahoma to the U.S. Gulf Coast have fallen sharply this week as a supply glut erodes price spreads between the two locations and market players avoid lofty end-of-year taxes in Texas.
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