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Title : Canadian Imported Crude Oil -- August 3, 2017
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Canadian Imported Crude Oil -- August 3, 2017

US refineries are, in general, optimized for heavy oil. Heavy oil sources for the US:

• Mideast (Saudi Arabia, Iraq)
• Venezuela
• Canada

As Venezuela implodes and questions arise over reliability of Venezuelan crude oil, it may be interesting to follow Canadian crude oil imports (into the US).

Over 125 million bbls/month:

• prior to 2015: never? the jump post-2014 has been striking
• 2015: one month (December)
• 2016: two months (bookends)
• 2017: three out of the first five months

The Keystone XL? Not critical but it would be nice.

This might take a second or two to re-fresh:

http://ift.tt/2dZyQXu

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