Sentences with phrase «pipeline bottlenecks»
The phrase "pipeline bottlenecks" refers to a situation where there are restrictions or blockages in a process or system that moves things from one place to another. It means there are obstacles or slowdowns in the flow of goods, services, or information through a designated pathway. Full definition
CALGARY, Alberta, May 2 - Suncor Energy Inc said on Wednesday that its current growth plan is not constrained by pipeline bottlenecks and it does not expect to make any further major investments in Canada's oil sands until market access improves.
cnbc.com
The Canadian Chamber of Commerce has a new report out claiming that, due to pipeline bottlenecks at the U.S. border and south of Cushing, OK, we are losing $ 50 million per day on our oil exports to the U.S. Does this number make sense?
However, that discount has worsened because of pipeline bottlenecks.
Producers in the Alberta oil sands region and elsewhere in Western Canada are facing pipeline bottlenecks, forcing increased volumes onto rail cars.
CALGARY, Alberta, May 2 (Reuters)- Suncor Energy Inc said on Wednesday that its current growth plan is not constrained by pipeline bottlenecks and it does not expect to make any further major investments in Canada's oil sands until market access improves.
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.
Meanwhile, pipeline bottlenecks are keeping western Canadian crude trading at roughly half the world oil price.
Encana Corp. has so far avoided the pipeline bottlenecks that are damping prices for Permian crude and Canadian natural gas, thanks to the company's hedging program and transportation agreements.
Alberta's oil is fetching a discounted price in North America due to pipeline bottlenecks, among other factors.
Government and industry enthusiasm for tidewater pipeline access arose from a large premium that existed between international and North American oil prices between 2011 and 2014 due to a pipeline bottleneck in the US caused by a rapid increase in US oil production.