• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 6 days America should go after China but it should be done in a wise way.
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 13 hours Even Shell Agrees with Climate Change!
  • 2 days World could get rid of Putin and Russia but nobody is bold enough
  • 2 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 5 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 12 days Does Toyota Know Something That We Don’t?

Breaking News:

OPEC Lifts Production in February

Supply Chain Woes Could Derail Biden’s Electric Vehicle Agenda

Supply Chain Woes Could Derail Biden’s Electric Vehicle Agenda

The Biden administration's electric vehicle…

Oil Markets Await the Next OPEC+ Announcement

Oil Markets Await the Next OPEC+ Announcement

Oil prices remained rangebound in…

Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Canada To Boost Oil Exports To The U.S.

Canadian crude oil exports to the United States are about to increase this year as additional pipeline capacity comes online and oil sands output increases, Argus reports, adding that demand for heavy crude has also been on the rise with few producers available.

Pipeline export capacity will rise by some 420,000 bpd at least, the report noted, while production of heavy crude in the oil sands improves. The largest capacity addition will come from Enbridge's Line 3 expansion, to be completed by the fourth quarter, according to the company.

The expansion project will boost the pipeline's capacity from 390,000 bpd to 760,000 bpd and will enable Enbridge to accept more requests for capacity reservations. Now, per the Argus report, the company has to reject 52 percent of requests for space on the pipeline.

Because of the pipeline capacity shortage, rising Canadian exports of crude to the United States have had to be transported by rail. Pipeline issues have also recently led to a cooling in U.S.-Canadian relations after Michigan Governor Gretchen Whitmer ordered Enbridge's Line 5 shut down, claiming it posed an environmental risk. Enbridge refused to shut down the pipeline, which carries 540,000 bpd of crude oil and natural gas liquids daily.

"This case raises concerns regarding the efficacy of the historic framework upon which the U.S.-Canada relationship has been successfully managed for generations," Ottawa said in a statement ahead of Gov. Whitmer's deadline for shutting down the pipeline. The move by the Michigan Governor "threatens to undermine important aspects of that cooperative international relationship," the statement also said.

This is one reason why the expansion of Line 3 will be welcome by Canadian oil producers, as will the 50,000-bpd expansion of another one of Enbridge's pipelines—the Express pipeline from Hardisty to Casper, Wyoming. According to the Argus report, Enbridge expects completion of the expansion project in the current quarter.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News