Producers in ‘purgatory’

Hopes for Alberta’s oil sector take fresh blow as Line 3 startup stalled again

Gary Park

for Petroleum News

Alberta oil producers have been driven even deeper into “purgatory,” as one analyst describes the sector’s condition, with word from Enbridge that operation of its C$9 billion Line 3 pipeline from Alberta to Wisconsin will likely be extended by another year to late 2020. The latest setback for Line....

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Rail shipments

Oil-by-rail capacity issue