• 3 minutes Electric cars may make driving too expensive for middle classes, warns Vauxhall chief
  • 6 minutes Natural gas mobility for heavy duty trucks
  • 12 minutes Colonial pipeline hack
  • 2 hours U.S. Presidential Elections Status - Electoral Votes
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours Texas Power Outage Danger Until June 18th. Texans told to conserve energy!
  • 56 mins Succession Planning in Human Resources for Vaccinated Individuals in the Oil & Gas Industry
  • 4 hours Federal Judge Says Biden Probably Wrong for Halting Drilling on Federal Land
  • 3 days And now, hybrid electric locomotives...
Oil Stocks Are The Cheapest Equities On The Market

Oil Stocks Are The Cheapest Equities On The Market

In an online conference, billionaire…

Hackers Aren’t The Only Threat To The U.S. Power Industry

Hackers Aren’t The Only Threat To The U.S. Power Industry

American utility providers are looking…

G7 Shies Away From EV Sales Targets

G7 Shies Away From EV Sales Targets

The G7 nations failed to…

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