Trans Mountain Expansion Set To Raise Crude Prices For Midwest Refiners ...Middle East

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Trans Mountain Expansion Set To Raise Crude Prices For Midwest Refiners
source : OILPRICE ( Middle East ) () 27
The expansion of Canada’s Trans Mountain oil pipeline is expected to raise the prices U.S. refiners in the Midwest pay for Canadian oil by up to $2 per barrel, analysts tell Reuters. The Trans Mountain Expansion project, expected to triple the volume of crude shipped from Canada’s oil sands to its Pacific Coast, would intensify competition for Canadian heavy crude in the Midwest, where refiners have so far received discounted crude from Canada.   But the expansion of the Trans Mountain oil pipeline would divert crude to the Pacific…

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