Canadian report examines need for more oil pipeline capacity

The Canadian Association of Oil Producers (CAPP) has assessed the need for additional oil pipeline capacity in a report released in February "Crude Oil Pipeline Expansion Summary." The report examines the association's needs in light of forecast supply growth and the changing mix of crude oil types.The report's key focus is on the need for new pipeline capacity to move crude to markets, the need for expanded markets, and the importance of timely expansion. The consequences of pipeline expansions lagging the crude supply growth, says CAPP, are significant and not acceptable. The report also discusses obstacles to timely expansion.Expansion neededBecause of Alberta's vast oil sa...

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