“Enbridge Inc. is developing plans to quickly increase the capacity of its oil pipeline system in the US if the new Trump administration succeeds in starting drilling operations.”, — write: epravda.com.ua
Enbridge Inc. is developing plans to quickly increase the capacity of its oil pipeline system in the US if the new Trump administration succeeds in starting drilling operations. This is reported by Bloomberg. The company sees the opportunity to transport “several hundred thousand” barrels of oil per day more within the U.S. within the next two to three years, largely by optimizing the existing system with technologies such as ringed sections and drag-reducing agents, the chief executive said. Greg Ebel. Enbridge, which supplies about 5.8 million barrels of oil and petroleum products per day across North America, will focus on transporting more oil from the Rocky Mountains and Bakken fields to refineries in the Midwest and Gulf Coast, Ebel said.Advertisement: Ebel said that the development of the North American pipeline should be of interest to the new Trump administration. “Every barrel we move into the U.S. or collect through our systems in the Rocky Mountains and Bakken also increases the volume of oil exported from the Persian Gulf. Importantly, that oil can be exported to U.S. allies and provide energy capacity internationally.” , said the executive director. Shares of some of Europe’s largest wind power companies fell on Wednesday after President-elect Donald Trump said there would be no new wind turbines in the US after taking office.