Pipelines Can't Handle North American Oil Boom
The
production of oil from Western Canada is expanding to the point that
existing pipeline capacity is overwhelmed. Canadian pipeline company
Enbridge aims to get its Northern Gateway project built for exports from
Canada's west coast. TransCanada, meanwhile, anticipates crude oil
deliveries will expand from Canada to southern U.S. refineries by way of
the Keystone XL pipeline. Expanding oil production from North America,
however, may be too much for pipelines to handle and suppliers will need
to look to more-expensive rail to get their oil to…Read more...http://oilprice.com/Energy/Crude-Oil/Pipelines-Cant-Handle-North-American-Oil-Boom.html
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