Title : Canada's Kinder Morgan Trans Mountain Crude Oil Pipeline Oversubscribed By 35% -- Platts -- December 22, 2017
link : Canada's Kinder Morgan Trans Mountain Crude Oil Pipeline Oversubscribed By 35% -- Platts -- December 22, 2017
Canada's Kinder Morgan Trans Mountain Crude Oil Pipeline Oversubscribed By 35% -- Platts -- December 22, 2017
Link here. Data points:- the pipeline will limit crude oil "nominations" by 35% in January, 2018
- it will carry 65% of "nominated" values
- January volumes are expected to be 265K bopd vs 310K bopd in December (numbers rounded)
- the pipeline ships oil from Edmonton, Alberta, to the Westridge export terminal in Burnaby, BC, and on to the connected Puget Sound pipeline to Seattle-area refineries
But I digress.
I don't know if there is an easy source for historical data regarding percent of crude oil nominations shipped by any particular pipeline but this is not unusual. Just the back and forth of everyday crude oil pipeline shipments. But 65% does seem to be a bit on the low side.
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Natural Gas Liquids Primer Now Available
For Free
From The DOE
By the way, a reader sent me this note:
The DOE just released a 45-page pdf, "Natural Gas Liquids Primer".One can access the natural gas liquids primer here. Click on this link. Embedded on that page is a link to an introduction to the primer. Click on that and then in the bottom left hand corner is a PDF that can be downloaded. Let's see if "copy and paste" works:
It is a fantastic piece that introduces the reader to what NGLs are and why they are important. Goes on to describe present and future Appalachian Basin resources, infrastructure, and potential.
Absolutely amazingly informative report that is best studied and retained for future reference. Just as the steel industry provided raw manufacturing material, buttressed by coal to generate cheap, abundant electricity, NGLs will provide cheap feedstock for manufacturing while the dry methane component will fuel - via CCGTs - the cheapest electricity anywhere.
Decades of upside potential in the Appalachian Basin region as well described in the DOE report.
I think it does.
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