Not exact matches
The export market will also
still be constrained even with Enbridge's expected 450,000 barrels a day of expansion, but the IEA raised doubts that the
capacity additions from Kinder Morgan's Trans Mountain and TransCanada's Keystone XL
pipeline projects will actually get built.
Lazarus said even though the
pipeline's
capacity would represent only about one per cent of global oil consumption, that would
still be enough to incrementally move markets.
Even if Keystone XL is eventually approved, it would
still only provide a fraction of the
pipeline capacity the energy industry will need to increase production by several million barrels a day.
TransCanada Corporation, on behalf of the Keystone
Pipeline partnerships (Keystone) between TransCanada and ConocoPhillips, plans to expand the
still - to - be-completed Keystone crude oil
pipeline system project (earlier post) to provide additional
capacity of 500,000 barrels per day... Read more →
Even if you build every single pipe that's on the table right now... you're
still short
pipeline capacity... For the growth to continue, all the proposed export
pipeline capacity and more will need to be built, and soon.
Bitcoin will not be getting a doubling of
capacity through the 2x hard fork, but there are
still plenty of exciting developments in the
pipeline.