Canadian Heavy Crude Reaches Six-Month High Against WTI

TransCanada Corp. (TRP)’s line to the Houston refining market from Cushing, Oklahoma, is scheduled to begin shipping oil on Jan. 22, ramping up during the year to as much as 700,000 barrels a day. Refineries on the Gulf Coast have specialized equipment to process heavy crudes.

http://www.bloomberg.com/news/2014-01-17/canadian-heavy-crude-reaches-six-month-high-against-wti.html