QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Sees Great Market Potential for Heavy Oil Product
Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) believes the strategic placement of its Asphalt Ridge Facility could prove advantageous for the company’s heavy oil product. A recent article discussing the company reads: “Petroteq believes that its heavy oil product has promising market potential, as the company’s Asphalt Ridge Facility is located in close proximity to major oil refineries in Utah. The company anticipates pricing to closely track that of West Texas Intermediate, as refiners are already accustomed to purchasing and using Utah heavy oil as part of their refining mixes. … As Petroteq progresses in its operational activities, primary aspects of…