Jun. 24 at 4:48 PM
$SOC Once the courts settle the pipeline dispute, I think this goes up either way.
We know from SOC’s on filings that they have been in talks to purchase a OS&T Vessel for months now. I have no doubt that they are hedging this against the pipeline shutdown.
What they need is a decision one way or the other.
Pipeline keeps flowing and Fed reset the decree, leaves under Fed power and pop!!
Pipeline gets shut down, OS&T purchased and oil still gets sold and sold to highest bidders.
SPR gets approved and set up, SOC among others, sell to fill that supply.
Just my humble opinion, not advice for anyone.
