Trans Mountain Expansion, U.S. Crude Oil Imports: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
Trans Mountain Expansion Running at 80% Capacity - Twenty-two oil tankers are scheduled to load this month in Vancouver with crude oil from the expanded Trans Mountain pipeline, which is running around 80% full with a "little bit" of spot capacity also being used, a Trans Mountain executive said on Wednesday. Eighty percent, or 707,000 barrels per day (BBL/d), of the pipeline's capacity is reserved for long-term contracted shippers, while the remaining 20% is available to spot barrels. "We're basically running at effectively right around contract level with a little bit of spot on the system," said Chief Financial and Strategy Officer Mark Maki, adding that volumes were expected to rise towards winter. (Reuters)

CRUDE OIL
U.S. Crude Oil Imports Rise to Highest Since 2018 - U.S. crude oil imports rose last week to their highest since 2018, the U.S. Energy Information Administration (EIA) said on Wednesday, as volumes from Mexico rebounded and the expanded Trans Mountain pipeline boosted shipments from Canada. Imports of crude oil from Mexico rose by 449,000 BBL/d to 987,000 BBL/d in the week ending June 7, the highest in seven months, according to EIA data. Imports from Canada climbed by 206,000 BBL/d to nearly 4 million BBL/d, their highest in four months. (Reuters)

GOVERNMENT
U.S. Senate Confirms Two for FERC - The U.S. Senate on Wednesday confirmed David Rosner, a Democrat, and Lindsay See, a Republican, as members of the Federal Energy Regulatory Commission (FERC). The tally on Rosner, a FERC energy industry analyst currently an aide with the U.S. Senate energy committee, was 68 to 26 in the 100-member Senate. His term is set to run through June 30, 2027. The vote on See was 83 to 12. See, the solicitor general of West Virginia, was recommended by Senate Minority Leader Mitch McConnell. Her term expires June 30, 2028. (Reuters)

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About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).