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North American Logistics Review – Energy East Canceled

TransCanada has canceled its plans for the Energy East Pipeline. The proposed 2,765-mile pipeline system would have transported up to 1.1 million bpd of crude oil from western Canada to eastern markets for exportation. The National Energy Board (NEB) had previously announced that environmental review of the pipeline would examine the effects of both upstream […]

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North America Logistics Review Report – September 2016 Overview Section

Monthly Overview According to the EIA, during September, U.S. crude inventories fell by 30.2 million barrels to 499.7 million barrels. Despite the large decrease, the EIA notes, “U.S. crude oil inventories are at historically high levels for this time of year.” During September, the U.S. oil and natural gas rig count increased by from 489 […]

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North America Logistics Review Report – June 2016 Overview Section

Prices Rise as Crude Oil Inventories Drop and Supply Disruptions occur in Canada and Africa According to the EIA’s Petroleum Status Reports, during June, U.S. oil inventories decreased by 10.5 million barrels to 526.6 million barrels.  Total U.S. gasoline inventories also decreased by 1.1 million barrels to 239.0 million.   These reductions partially stem from the […]

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North America Logistics Review Report – May 2016 Overview Section

Prices Rise as Crude Oil Inventories Drop and Supply Disruptions occur in Canada and Africa According to the EIA in its May Short-Term Energy Outlook, (STEO), during May, U.S. oil inventories decreased by 6.3 million barrels to 537.1 million barrels.  Total U.S. gasoline inventories also decreased by 1.7 million barrels to 240.1 million.   These reductions […]

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North America Logistics Review Report – April 2016 Overview Section

Crude Prices Rise Despite Continued Inventories Build For the week ending April 29, 2016, crude inventories in the U.S. totaled 543.4 million barrels–“historically high levels for this time of year” and constituting a 13.5 million barrel increase from April 1, 2016.  During the month of April, EIA also published its monthly Short-Term Energy Outlook (STEO) […]

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