Canadian Oil Industry Has Extra Pipeline Space Amid Push for New Routes
The startup of the expanded Trans Mountain pipeline last year has given Canadian oil producers more export capacity than they’re using, according to a new report, complicating a government push to encourage even more shipping options.
Western Canadian pipeline capacity has exceeded the volume of oil exported by an average of about 400,000 barrels a day since the Trans Mountain expansion came online in May 2024, Canada Energy Regulator data released Wednesday show. That surplus swelled to a high of 574,000 barrels a day in June.