Thursday, August 7, 2014

Thursday: Jobless Claims Plummet -- August 7, 2014

Active rigs:


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RBN Energy: an update on Canadian pipelines taking Bakken crude to eastern Canadian refineries. An absolute must-read for those interested in the Bakken, and particularly, Enbridge.

Eastern Canadian refineries are importing record volumes of light US crude - 263 Mb/d in May 2014 according to the Energy Information Administration (EIA). By the end of 2014, pipeline reversals and expansions to the Enbridge network will increase the flow of light crude to eastern refineries from Western Canada and North Dakota. The result could be even more imports from the US. Today we continue our series reviewing the extent and impact of Enbridge projects to move crude east.

Reporting today:

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