Not exact matches
With the ability to refine and upgrade crude in Canada and 75,000 barrels per day of committed
capacity on the existing Keystone
pipeline, Husky says it can grow its heavy oil production
without exposure to the WCS - WTI discounts until at least 2021.
It is likely these projects will be built, and with them there will be a 13 per cent surplus of export
pipeline capacity,
without the Trans Mountain project, when western Canadian oil production peaks in the 2025 timeframe.
Any reduction in oil sands output from the levels imposed by the emissions cap will create even more surplus
pipeline export
capacity without the Trans Mountain project.
The projects the Cuomo administration has allowed to move forward have been along existing right - of - ways, crossed few water bodies or wetlands or involved increased
capacity without new or larger
pipeline construction.
Many industry analysts and executives have said that
without Keystone XL, limited
pipeline capacity would impede expanded tar sands production.
The industry will run out of transportation
capacity as soon as 2017
without major new
pipelines, or significant expansion to existing systems.
Gas utilities in New England routinely scheduled gas deliveries
without actually flowing gas, preventing others (primarily gas - fired generators) from accessing
pipeline capacity.
Line 3 and Keystone XL,
without TMX, would provide sufficient
pipeline export
capacity for foreseeable production growth under the oil sands emissions cap, and access world prices on the Gulf Coast.
Keystone XL Pipeline: A Potential Mirage for Oil - sands Investors shows «new Canadian oil - sands development is increasingly economically questionable
without the additional export
capacity that
pipelines such as KXL would bring», says Mark Lewis, external research advisor to Carbon Tracker.
Without additional export
pipeline capacity, Canada's tar sands production may max out existing
pipelines as soon as late 2013.
«New Canadian oil - sands development is increasingly economically questionable
without the additional export
capacity that
pipelines such as Keystone XL would bring», says Mark Lewis, external research advisor to a report from Carbon Tracker, a think - tank focused on the investment risks posed by excessive fossil fuel extraction.