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Email this12:01 pm
December 17, 2016
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Major crude oil rail loading terminals in the Western Canadian Sedimentary Basin
The Western Canadian Sedimentary Basin(WCSB) has approximately 1.2 million barrels per day (MMb/d) of crude rail loading capacity.
Crude oil shipped from the WCSB can access refineries across North America through several large rail networks. Facilities known as rail loading terminals load the crude oil into specialized tank cars so it can be moved by train. Approximately 60% of total loading capacity in the WCSB is concentrated in northern and central Alberta, in the Edmonton and Hardisty regions. Both Edmonton and Hardisty are junction points for crude oil infrastructure and have become major hubs for crude oil exports to the United States (U.S.).
9:39 am
February 20, 2018
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Whats goin on with pipeline stocks Pembina in particular I thought they work on contracts like toll roads n there's a shortage of capacity..
9:41 am
July 10, 2011
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Well when you have an incompetent leader and structure......
10:07 am
February 20, 2018
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I'll add Enbridge debt load
12:47 pm
October 29, 2017
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Or, what happens when WTI hits $30 a barrel?
1:16 pm
December 12, 2009
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Vatox said
Or, what happens when WTI hits $30 a barrel?
And WCS at <$20. 
But yeah, I think that's the main problem here. We have excess supply and waning demand, but they keep producing globally. This is highly suggestive of a looming global recession.
Cheers,
Doug
4:38 pm
October 29, 2017
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WCS is $18.74
5:00 pm
February 20, 2018
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why is pembina pipe gettin hit harder r their oil suppliers not on contract, contracts up for renewal, is the thinkin fewer suppliers cant make money on cheap oil so they wont need to ship thru pipelines. There was a shortage of pipeline capacity now a surplus?
6:57 pm
December 12, 2009
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Bud said
why is pembina pipe gettin hit harder r their oil suppliers not on contract, contracts up for renewal, is the thinkin fewer suppliers cant make money on cheap oil so they wont need to ship thru pipelines. There was a shortage of pipeline capacity now a surplus?
Bud, please refactor your comment at post # 8 in this thread into coherent sentences so we can ascertain what it is you're asking, and then provide answers or possible explanations.
Thanks,
Doug
12:34 pm
October 29, 2017
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WCS is $11.55
1:12 pm
December 12, 2009
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Vatox said
WCS is $11.55
That's out of date. It was at ~$7-9 intraday. I'd be surprised if closed above $10.
Cheers,
Doug
2:31 pm
February 20, 2018
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Canadian oil quote priced in US$ right?
8:40 am
February 20, 2018
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Some chatter there could be tariffs on saudi oil and gov preparing relief package for industry. Apparently some producers cant afford to ship thru pipelines because cost to ship higher than oil prices. How is this going to play out for the majors trading near lows.
Imperial lowest debt
Cnq lowest cost per barrel apparently
Suncor petrocan
Chevron says can make money at any oil price
Anyone feelin to get back in
9:29 am
December 12, 2009
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Bud said
Some chatter there could be tariffs on saudi oil and gov preparing relief package for industry. Apparently some producers cant afford to ship thru pipelines because cost to ship higher than oil prices. How is this going to play out for the majors trading near lows.Imperial lowest debt
Cnq lowest cost per barrel apparently
Suncor petrocan
Chevron says can make money at any oil priceAnyone feelin to get back in
Imperial Oil also has the lowest dividend payout ratio. Like Suncor, they're an integrated producer with downstream refining operations. They no longer own or franchise any service stations, unlike Suncor; however, they still are one of the largest owner/operators of refineries in Canada (alongside Suncor, Shell Canada [wholly-owned by Royal Dutch Shell plc], and privately-owned Irving Oil; other oil refineries include Parkland Fuel, which owns the former Chevron Canada Limited refinery in Burnaby, B.C., and Tidewater Midstream, which owns Husky Energy's former Prince George, B.C., refinery. The latter two would be slightly riskier bets in terms of Canadian integrateds.
Chevron's operations in Canada is limited to upstream oil sands and conventional oil exploration and production and sales and marketing.
You could also add Exxon Mobil to that list. They own roughly 70% of Imperial Oil Ltd, and trade in New York, so if you have USD funds or just prefer an integrated that is global in scope, you could go with that instead of buying shares of the minority publicly-traded shares of Imperial Oil.
Cheers,
Doug
Disclosure: I own Imperial Oil and Canadian Natural Resources. As they retest recent lows, I would consider adding more to bringing down my adjusted cost base.
2:58 pm
October 29, 2017
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If I give you a cup of coffee will you give me a barrel of oil?
3:16 pm
April 15, 2015
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There are 42 US gallons or 159 litres in a barrel of oil.
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