Canadian crude oil pipelines could be facing a transportation bottleneck this fall says a new report released by the National Energy Board (NEB) today.
According to An Assessment of the Canadian Hydrocarbon Transportation System, there will likely not be enough pipeline capacity this fall to ship the surge of crude being pumped from Alberta’s oil sands. By the fourth quarter of 2007, western Canadian oil pipelines could be facing periods of apportionment – a situation in which available pipeline space is “apportioned” or shared among shippers. With no significant additions to the Canadian pipeline system planned before 2009, apportionment could be in place for up to 18 months.
They've got the full report here:
An Assessment of the Canadian Hydrocarbon Transportation System [PDF 4167 KB]
