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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Ponoka wilderness survivalist takes on ‘Alone: The Beast’

Show premieres Feb. 13, episode featuring Edwards airs Feb. 20

Alberta RCMP play cupid with #VehicleValentines

Twice a week valentines will be sent from the Alberta RCMP social media accounts

Sylvan Lake swimmer nabs Olympic Trial time

Matthew Gauthier, 20, reached a qualifying time in the 50 metre breast stroke earlier this month

Town of Sylvan Lake approves purchase of ammonia transfer system

The Ammonia Transfer System will help to prevent a situation like the one in Fernie, says Town staff

Part of 50th Street in Sylvan Lake closed due to accident

An accident involving a power pole will keep the street closed until around 10:30 p.m.

VIDEO: Minister reports ‘modest progress’ after blockade talks with First Nation

Wet’suwet’en hereditary chiefs say Coastal GasLink does not have authority to go through their lands

Canadian nurses’ unions warn national standards for coronavirus protection too low

President says safety protocols nationwide are inadequate compared to those in Ontario and other countries

Murder of sex worker exposes Canada’s hypocrisy on prostitution: advocate

A 2014 law made purchasing sex or benefiting from the selling of sex illegal

Canada’s flag was flown for first time 55 years ago today

The flag is used to celebrate wins in sports, honour Canada Day, and flown at half-mast after tragedy

No shirts, no city services: Firefighter calendar too steamy for Ontario officials

The city has never funded the calendars, but has OK’d photoshoots at city-owned properties

CFL teams under the microscope after free agency begins

While some big names remain, here’s what lies ahead leading up to next month’s CFL combine in Toronto

Kenney says ongoing rail blockade risks becoming an economic crisis

‘I think Canadians are losing patience with this. I know Indigenous people are’

CFL’s Edmonton Eskimos keep team name following consultations

Talks stem from 2015 concerns about Inuit people being used as mascots in sports

Most Read