Charts: Canadian oil exports reached record highs at the end of 2016

Charts: Canadian oil exports reached record highs at the end of 2016

By Deborah Jaremko

March 2, 2017, 2:37 p.m.

Growing oilsands production from both mining and in situ projects contributed to Canadian crude oil exports reaching an all-time high in November 2016, the National Energy Board (NEB) says.

This surpassed the previous high set almost a year before, with volumes being curtailed in the intervening months in part because of the Fort McMurray wildfire disruption in spring of last year.

The November figure is also a 300,000 bbl/d increase from October 2016, the NEB says.

“Most of the increase was shipped on pipelines to the United States (U.S.) Midwest Region (PADD II), but marine exports to the U.S. East Coast (PADD I) and railed exports to the U.S. Gulf Coast (PADD III) also had notable increases,” the NEB says.

“Pipeline exports reached an all-time high of 2.99 million bbls/d, marine exports reached a 28-month high of 272,000 bbls/d, and railed exports reached a then 14-month high of 120,000 bbls/d.”



About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on March 3, 2017, in Uncategorized. Bookmark the permalink. Leave a comment.

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