Alberta's Hardisty Becomes 'Cushing of the North' for Oil Pipeline Industry
Alberta's Hardisty Becomes 'Cushing of the North' for Oil Pipeline Industry
SUGAR LAND--October 3, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Cushing, Oklahoma, is the self-proclaimed "Pipeline Crossroads of the World." But the small Canadian town of Hardisty, Alberta, is quickly becoming a hub for crude oil produced farther north in the province. Similar to Cushing, which has seen a crude oil glut for several years, Hardisty is becoming a bottleneck for crude from the Alberta Oil Sands, as major pipeline projects slowly develop or are further delayed.
Within this article: Details on key projects from major companies, including TransCanada Corporation (NYSE:TRP) and Enbridge Incorporated (NYSE:ENB)
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