Sentences with phrase «of pipeline bottlenecks»

However, that discount has worsened because of pipeline bottlenecks.

Not exact matches

Paul Miller, TransCanada's senior vice-president of oil pipelines, predicts it «will go a long way toward alleviating the bottleneck.»

In the past two years, however, Cushing has turned into a giant, vexing bottleneck in the middle of a North American pipeline system that is no longer in sync with the way crude is produced, pumped and refined.

Canadian producers had hoped a return to full capacity on the line would help relieve a bottleneck in the oil - rich province of Alberta, where increased output has run up against a shortage of pipeline and rail capacity.

Notley and Bilous have said the Trans Mountain expansion is critical because Alberta's crude oil sells at a sharp discount on the North American market due to pipeline bottlenecks and to a lack of access to a better price on overseas markets.

This also poses a sort of double jeopardy for Alberta's energy sector, whose industrial and political leaders have long maintained that any oil sands supply bottlenecks created by insufficient pipeline capacity would be offset by higher rail traffic.

This isn't a matter of collusion or market power, it's simply a matter of a broad market for refined products not affected in the same way by pipeline shortages and transportation bottlenecks which affect crude oil prices in one region but not another.

A return to full capacity on the line is also expected to help relieve a bottleneck in the oil - producing province of Alberta, where increased output has run up against a shortage of pipeline and rail capacity.

The rising pressure for rail shipments was explored in depth earlier this year in «Busting Bottlenecks in the Bakken,» an article in Fed Gazette, a publication of the Minnesota Federal Reserve (yes, weird, but it's a thorough, interesting piece) and in this Christian Science Monitor story: «Pipelines can't keep up with North American oil boom.»

The Harper government is lobbying heavily to have President Obama approve the Keystone XL pipeline that would carry 830,000 barrels per day of oil - sands bitumen to the vast refining complex on the U.S. Gulf and would ease the delivery bottlenecks that have driven down Canadian crude prices.

The WTI WCS price differential is a painful loss for Alberta Oil producers and of late it's gotten worse due to pipeline bottlenecks.