Refining Community Logo

Reply To: Study: Canadian oil-sands crude reshapes U.S. energy market

Home Forums Refining Community Oilsands Study: Canadian oil-sands crude reshapes U.S. energy market Reply To: Study: Canadian oil-sands crude reshapes U.S. energy market

#4542

Anonymous

The US will continue to need hydrocarbons from the oil sands of Canada despite its rising output of light oil from tight formations, which nevertheless are reshaping markets for heavy Canadian material.

  • Most potential market expansion for oil sands producers lies on the US Gulf Coast, where refineries have capacity.
  • On the West Coast, where 90% of refining capacity is oriented toward the heavy end of the crude slate, the potential market for bitumen blends might exceed 700,000 b/d, but that market remains “largely untapped”.
Refining Community