Energy Play Highlight: Western Canadian Demand for Crude-Oil Takeaway to Remain Strong
Energy Play Highlight: Western Canadian Demand for Crude-Oil Takeaway to Remain Strong
SUGAR LAND--August 17, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Getting the crude oil out of Alberta's oil sands has been a constant logistics problem for producers in the land-locked province. Pipelines are one of the safest and cheapest per-barrel methods of transportation; however, they can be held up in permitting for years. Crude-by-rail competes directly with pipelines to get crude oil from landlocked plays, such as the Alberta oil sands and the Bakken Shale, to virtually any of the North American refining hubs. With production at Alberta's oil sands continuing to increase, the demand for more takeaway capacity will remain high through the end of the decade.
Within this article: Details of crude oil takeaway capacity in the Alberta oil sands, including planned and ongoing projects from leading companies such as Enbridge Incorporated (NYSE:ENB), TransCanada Corporation (NYSE:TRP) and Kinder Morgan Incorporated (NYSE:KMI).
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