• 5 minutes Rage Without Proof: Maduro Accuses U.S. Official Of Plotting Venezuela Invasion
  • 11 minutes IEA Sees Global Oil Supply Tightening More Quickly In 2019
  • 14 minutes Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 9 hours U.S. Senate Advances Resolution To End Military Support For Saudis In Yemen
  • 3 hours Let's Just Block the Sun, Shall We?
  • 3 hours Alberta govt to construct another WCS processing refinery
  • 10 hours Waste-to-Energy Chugging Along
  • 14 hours What will the future hold for nations dependent on high oil prices.
  • 14 hours Venezuela continues to sink in misery
  • 17 hours Contradictory: Euro Zone Takes Step To Deeper Integration, Key Issues Unresolved
  • 23 hours UK Power and loss of power stations
  • 9 hours Regular Gas dropped to $2.21 per gallon today
  • 23 hours EPA To Roll Back Carbon Rule On New Coal Plants
  • 1 day No, The U.S. Is Not A Net Exporter Of Crude Oil
  • 1 day Zohr Giant Gas Field Increases Production Six-Fold
  • 5 hours Sane Take on the Russia-Ukraine Case
  • 4 hours Sleeping Hydrocarbon Giant
Natural Gas Plunges As Oil Prices Consolidate

Natural Gas Plunges As Oil Prices Consolidate

Consolidating oil prices and low…

Big Oil Doubles Down On Shale Despite Price Drop

Big Oil Doubles Down On Shale Despite Price Drop

Despite depressed crude oil prices…

Suncor Refinery Maintenance Creates Fuel Shortage In Canada

crude by rail

Seasonal maintenance at Suncor’s refinery in Edmonton has created shortages of gasoline at Petro-Canada stations around Alberta, CBC reports. This has led drivers to start worrying that Petro-Canada’s competitors will start raising their prices as consumers have no choice but to buy gas from them.

Some stations have even shut down their pumps for lack of product, Canadian media report. This is the second time in two years that Suncor’s fuel retail business has had to shut down pumps.

The last time, the parent company attributed the shortage to production problems in Alberta and the United States. However, at the time Suncor was suffering the fallout of the Fort McMurray wildfires that crippled Alberta’s crude oil production, and an outage at the Edmonton facility.

Not everyone is worried, however. CBC quotes petroleum consultant Michael Ervin as saying "I've seen circumstances in the past where these unforeseen shortages in supply have occurred where we haven't seen any significant rise in the retail or wholesale pump price and that may be the case here — certainly at this point we haven't seen any significant increases in Calgary so far."

Related: Oil Prices Rebound As Crude Inventories Shrink

Suncor will likely tackle the shortage by bringing in gas from other Edmonton refineries or the company’s processing facility in Saskatchewan. If these fail to supply adequate amounts of fuel, Ervin told CBC, Petro-Canada might have to source gasoline from refineries in eastern Canada or even the U.S. Midwest.

Suncor has four refineries, in Alberta, Quebec, and Ontario, and one in Colorado. The one under maintenance in Alberta has a capacity of 142,000 bpd of crude and is the company’s biggest refining facility. The second-biggest is in Montreal, Quebec, with a capacity of 137,000 bpd. The Colorado facility is the third-biggest, capable of processing 98,000 bpd of crude oil, and the smallest one, in Ontario, can process 85,000 bpd.

By Irina Slav for Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News