Crude-by-rail shipments fell to 310,000 bpd in August, energy regulator says

This, despite Imperial Oil CEO threatening to throttle back the company’s rail movements

Rail cars wait for pickup in Winnipeg. THE CANADIAN PRESS/John Woods

The Canada Energy Regulator says exports of crude oil by rail from Canada fell slightly in August to 310,000 barrels per day from 313,000 bpd in July.

The August number is up 35 per cent from 230,000 bpd reported in August of 2018 but still well below the record high of 354,000 bpd set last December.

The small change in crude-by-rail shipments came despite a threat by Imperial Oil Ltd. CEO Rich Kruger to throttle back the company’s rail movements in August and September to protest the ongoing Alberta oil production curtailment program.

He says the program damages the economic case for crude-by-rail by artificially lowering the difference in oil prices between Alberta and the end market on the U.S. Gulf Coast.

Imperial reported moving 80,000 bpd by rail in June. It co-owns an oil shipping rail terminal at Edmonton with capacity to load 210,000 barrels of crude per day.

READ MORE: Group wants new agency to oversee oil and gas industry in B.C.

Alberta has gradually eased the curtailment program designed to better align production with tight pipeline capacity from an initial withholding of about 325,000 bpd last January to 125,000 bpd in September.

The Canadian Press

Like us on Facebook and follow us on Twitter

Just Posted

Generous community support flows in for local student diagnosed with Hodgkins Lymphoma

A ‘hair drive’ fundraiser was held recently by the cosmetology class at the school

Farm Credit Canada Women in Ag Summit coming soon

The closest event to Stettler is slated to run in Edmonton Dec. 5th

Stettler’s Parent Link faces uncertain future with announcement of budget cuts

Regular activities being planned with the onset of the Christmas season

A donation from the Sandra Schmirler Foundation will benefit the Stettler Health Services Foundation

Funds will purchase a vital signs monitor for the Panda warmer at the Stettler Hospital

Light Up the Night coming to Stettler Town and Country Museum

First annual gingerbread house contest added to event

VIDEO: ‘Climate emergency’ is Oxford’s 2019 Word of the Year

Other words on the shortlist included ‘extinction,’ ‘climate denial’ and ‘eco-anxiety’

RCMP find burned out vehicles near Pigeon Lake

Wetaskiwin RCMP Recovered Numerous Stolen Vehicles in Pigeon Lake Area

Millet gas station robbed, worker bear sprayed

Wetaskiwin RCMP Investigate Armed Robbery, Seek information and ID Suspect

Environmental group’s lawsuit seeks to quash ‘anti-Alberta’ inquiry

UCP launched inquiry into where Canadian environmental charities get their funding

Federal laws at heart of West’s anger up for debate, as Liberals begin outreach

Vancouver mayor to Trudeau’s western critics: ‘Get over yourselves’

Snowboard pioneer Jake Burton Carpenter dies at 65

He was diagnosed with testicular cancer in 2011

Teen developed ‘popcorn lung’ due to vaping: Ontario doctors

Boy went from being in perfect health to being on life support after just five months

Woman calls 911 to say she was late for train, asks Ontario police for ‘emergency ride’

Peel Regional Police received more than 180,000 improper calls so far this year

Infants more vulnerable to measles than previously thought: Canadian study

Babies typically don’t receive the measles vaccine until they are 12 months old

Most Read