It seems almost nothing is going to stop Western Canada’s crude oil production growth. But getting those incremental barrels to refiners and exporters will require more pipeline takeaway capacity, including expansions to Enbridge’s Mainline and Express systems, which should keep barrels flowing to key markets in the U.S. and avoid a capacity crunch. In today’s RBN blog, we consider how our outlook for Canadian production over the next several years stacks up against takeaway capacity and what additions will be needed to keep pace.
Today, we celebrate Juneteenth, which honors the end of slavery in the U.S. In observance of today’s holiday, we’ve given our analysts a break and are revisiting our June 6 blog on Western Canada’s crude oil production growth, which also serves as a preview of our upcoming School of Energy Canada. If you didn’t read it then, this is your opportunity to see what you missed.