Approximately 6.7 million Americans work in the energy field. United States oil refining. The result? You can only download this statistic as a Premium user. (North Atlantic Refining), 105,000 bpd Refining is the crucial intermediate step between crude oil and refined products. Shell Deutschland's Rheinland refinery in Godorf, Wesseling, is the biggest refinery in the country with a capacity of 321,000 barrels per day. The Canadian company, one of the worlds largest oil companies, transports about 30% of the crude oil produced in North America. And North America is a major oil hub. . Currently, you are using a shared account. The refinery utilization rate in 2018 was 93%. It contains the Top Most Oil & Gas Companies in India. Editors note: Because of the Russia-Ukraine conflict, regional benchmarks for some commodities (coal, natural gas) had much bigger price divergences than is typical. The growing global push towards electric vehicles (EVs) has been a major contributor to the increase in demand for lithium and nickel, which was the second-best performing commodity in 2022 with a price increase of 43.1%. Analysts at Wood Mackenzie, an energy consultancy, estimate that 3 million barrels a day of. As an investor in oil . In 2019-20, automotive gasoline was imported from Singapore (33 per cent), South Korea (29 per cent), and the United States (9 per cent), while diesel fuel came from Singapore (24 per cent), Japan (19 per cent), and China (16 per cent). Along with these infrastructure improvements, pipeline developers and operators emphasize the lack of better alternatives, as freight and seaborne transportation are both far less efficient and result in more carbon emissions. Producers in Alberta ship oil on the Trans Mountain pipeline to refineries in B.C., a province which also gets some feedstock from regional sources. Available: https://www.statista.com/statistics/265278/oil-refinery-capacity-in-canada/, Oil refinery capacity in Canada from 2004 to 2021, Available to download in PNG, PDF, XLS format, Global oil reserves in selected countries 1990-2020, Oil and gas wells drilled in Canada 2021, by region, Oil and gas wells drilled in Western Canada 1947-2021, Drilling rigs' utilization rate in Canada 1977-2021, Crude oil production in Canada 2020, by region, Crude oil production in Canada 1971-2019, by type, Oil sands production in Canada 1967- 2021, Oil refinery capacity in Canada 2004-2021, Crude oil exports from Canada 2021, by destination, Oil industry capital investments in Canada 2020, by region, Oil sands' capital investments in Canada 1958-2020, Oil sands sales value in Canada 1986-2020, Conventional oil & gas' GDP contribution in Canada 2016-2021, Oil sands' GDP contribution in Canada 2016-2021, Suncor Energy's operating revenue 2009-2021, Capacity of oil refineries in Canada by region 2019, Oil refinery capacity in France 1998-2021, Oil refinery capacity in North America 2009-2021, Western Canadian crude oil refining capacity by refinery 2018, South Africa's crude oil refinery capacity by location 2017, Oil refinery capacity in Germany 1970-2021, Refinery capacity addition of petroleum in India 2008-2021, Refinery capacity of crude oil in India FY 2012-2022, Crude oil and process oils stock in the United Kingdom (UK) 2011-2018, Crude oil stock in offshore fields in the United Kingdom (UK) 2011-2018, Oil refinery capacity in Czechia 2005-2021, Petroleum net imports from OPEC countries as share of total net imports, Petrochemical production volume in India FY 2015-2018, Oil refinery capacity in Europe and CIS 2004-2021, Production volume of lube base oil in Indonesia 2007-2018, Oil refinery capacity in Canada from 2004 to 2021 (in 1,000 barrels per day), Find your information in our database containing over 20,000 reports, Canada exported 4.67 million barrels of oil per day. Natural gas was the only fuel which saw double-digit returns at a 19.9%, with crude oil returning 6.7% and coal at the bottom of the table at -48.3%. The Canadian company, one of the world's largest oil companies, transports about 30% of the crude oil produced . This helped reduce the demand of energy fuels in 2022, along with industrial metals like copper, aluminum, and zinc. Comprising of considerable oil, natural gas, and copper deposits, Alberta is Canada's second largest oil and gas producer. 2 octobre 2022 Par voice of the customer certification mens size 8 shoes to women's how many oil refineries in canada 2022 The end-of-year 2020 total is 0.8 million b/cd less than the 19.0 . Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. From 2010 to 2020, the Pipeline and Hazardous Materials Safety Administration recorded 983 incidents that resulted in 149,000 spilled and unrecovered barrels of oil, five fatalities, 27 injuries, and more than $2.5B in damages. Producing the oil to fill the pipeline would release more emissions annually than 125 countries No quick fix for high gas prices. Canada is a global leader in renewable energy, as exemplified by these 75 incredible facts on renewables in Canada - the only list of clean energy facts you'll ever need! Businesses and industries who rely on domestic refinery production would feel the ripple effect immediately. Chart. As a result of the war and ensuing sanctions, the discount of Urals crude oil compared to Brent crude oil went from -$1.72 at the start of 2022 all the way to -$30.71 by the end of the year. The U.S. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 refineries that can process around 20 million barrels of oil every day. And North America is a major oil hub. Aug 29, 2022. Irving Is Irving Oil a Canadian company? The Whiting Refinery is an oil refinery located on the southwestern shore of Lake Michigan and the Indiana Harbor Ship Canal and operated by BP. What does Lo Debar represent in the Bible? Oil Refineries There are 17 refineries in Canada, and 5 are in Alberta. Domestic sales of petroleum products accounted for 1.8 million barrels per day that same year, with consumption by category as follows: Refineries in Canada get most of their input oil from domestic production. If you are an admin, please authenticate by logging in again. The U.S. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 refineries that can process around 20 million barrels of oil every day. Enbridge owns the next largest crude oil pipeline network, with 12,974 miles of crude oil pipelines that are at least 10 inches in diameter. Published by N. Snnichsen , Feb 17, 2022 This statistic illustrates the average daily oil/petroleum refinery capacity of Canada in 2019, by province. Its output increased by 266,000 bpd from its 2020 level to reach 18,875,000. How many refineries are in Canada . There are three obvious reasons for this reality: the first is that these are two states who. There was a Shell refinery shut down in 20. The broad-based S&P Goldman Sachs Commodity Index (GSCI) surged 52.1% in the first five months of 2022, as supply disruptions and fears across grains, metals, and energy fuels were spurred by Russias invasion of Ukraine. Thats just not true. Record volumes of Canadian crude are expected to flow to American refineries in the years following Joe Biden's decision to nix a long-awaited and controversial cross-border pipeline project. Pipelines are the primary method of transporting crude oil around the world, delivering oil and its derivative products swiftly to refineries and empowering reliant businesses. As more countries set targets to phase out gasoline and diesel vehicles, demand for key battery minerals like lithium and nickel is expected to continue to rise. Oil refineries across Canada and capacity in barrels per day (bpd; one barrel is about 159 litres): East Coast. Shell Deutschland's Rheinland refinery in Godorf, Wesseling, is the biggest refinery in the country with a capacity of 321,000 barrels per day. Gasoline contributes for over 40% of demand nationwide, with distillate fuels accounting for nearly a third of sales and heavy fuel oil accounting for barely 8%. After 2021 saw energy fuels dominate the top spots after lithium, energy fuel prices in 2022 were more volatile with more scattered returns. For starters, these facilities refine oil into several components which are then used by various industries to create the products we rely on and use every day. updated: sep 23, 2022: site map: projects / upgraders : notes: 1 barrels of synthetic crude oil (sco) per calendar day 2 gross production 3 operating only (long lake excluded post-2016) 4 barrels of bitumen feed to upgrader 5 idled in february 2016 6 regulated as an upgrader; operates as a refinery 7 commissioned in 2019; began processing dilbit in feb 2020 8 produces diesel, naptha, vgo and ngls Where the oil fields occur in such countries as the U.S.A., the U.S.S.R. and European countries, refineries based on the fields have the added advantage of being near major markets. Overall, Canada imported less crude oil in 2020 than . The Western Petroleum Association lists no recent closures in California. 7 For All Mankind Dojo Bootcut Jeans, March 9, 2022 4:02pm. The country accounted for about 2.2% of the world's total refinery capacity per day during the same year. Field-Based Refineries: Many oil refineries are located on the oil fields themselves. This table shows the fluctuating returns for various commodities over the past decade, from energy fuels to industrial and precious metals. And how can you ensure you are at the forefront of the market? Texas has nearly 30 oil refineries operating in the following locations: Austin Double Punch Refinery - Barton Refining Baytown Baytown Refinery - ExxonMobil Big Spring Big Spring Refinery - Alon USA Beaumont Beaumont Refinery - ExxonMobil Borger Borger Refinery - Phillips 66/Cenovus Corpus Christi Corpus Christi Complex - Flint Hills Resources Pipelines in Canada that move oil and gas are the lifeblood of our modern society. Currently, pipelines remain key components of energy consumption across the U.S. and Canada, and as global energy markets face supply squeezes, international sanctions, and geopolitical turbulence, the focus on them has grown. Vinci Construction Company, Address: Profile : LENCO is a team of highly dedicated lubrication specialist providing superior high performance lubrication products and services to a wide range of applications Designed to . What is the Economic Contribution of Refineries in Ontario? 1. 2. Nike Air More Uptempo '96 Volt, Gasoline sales make up less than 30% of total product demand. Shutting down Line 5 would create both economic and environmental consequences as these refineries would be required to source more oil via rail and truck methods of transport which have been shown to be much more GHG-intensive and costly to do. We encourage you to download and share any of our infographics with your friends and family! As of 2021, it had generated a revenue of some 33.7 billion U.S. dollars in its previous fiscal year. Canadian Natural Resources Limited. BP. According to the Canadian Fuels Association, significant shortages of feedstock for refineries in Ontario and Quebec would ensue. The oil and gas industry is one of . If President Joe Biden came out forcefully on . Many refineries had no option but to idle, he said. Click on the dots above and navigate to the local maps below for discussion and to learn more about . Global Oil Refinery Market (COVID Impact Analysis) by Investment CAPEX OPEX Global Oil Refinery Market (COVID Impact Analysis) by Processing Unit Crude Oil Distillation Unit (CDU) Vacuum Distillation Unit (VDU) Diesel Hydrotreating Unit (DHT) Semi-regenerative Reforming (SRR) Fluid Catalytic Cracking Unit (FCC) Sulfur Recovery Unit (SRU) Global Oil Refinery Market (COVID Impact Analysis) by Type Topping Oil Refinery Hydro-skimming Oil Refinery Conversion Oil Refineries Deep Conversion Refineries In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 4 regional and 20 leading national markets: North America Oil Refinery Market, 2022 to 2032 Market Outlook U.S. Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Canada Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Mexico Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Europe Oil Refinery Market, 2022 to 2032 Market Outlook Russia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Norway Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis United Kingdom Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Demark Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Italy Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Rest of Europe Market Forecast & COVID Impact Analysis Asia Pacific Oil Refinery Market, 2022 to 2032 Market Outlook China Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Indonesia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis India Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Australia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Malaysia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Rest of Asia Pacific Market Forecast & COVID Impact Analysis LAMEA Oil Refinery Market, 2022 to 2032 Market Outlook Brazil Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Iran Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Saudi Arabia Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis South Africa Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Iraq Oil Refinery Market, 2022 to 2032 Market Forecast & COVID Impact Analysis Rest of Latin America, Middle East and Africa The report also includes profiles and for some of the leading companies in the Oil Refinery Market, 2022 to 2032, with a focus on this segment of these companies operations. "The Houston Refinery is currently operating as planned," LyondellBasell said in a statement Tuesday to The Daily Caller News Foundation. A catalytic cracking unit was added in 1951 to produce gasoline out of low-value petroleum and the first heavy-oil upgrader in Canada came on stream in 1988. . I think we can all agree our common reaction to that idea is a quick thanks, but no thanks!. Depending on the market a refiner is aiming at, each refinery has its unique design to ensure their production conforms to their host country's set standards. In 2021, Canadian exports from the U.S. Gulf Coast averaged more than 180,000 bpd, reaching nearly 300,000 bpd in December, a record, according to Matt Smith, Kpler's lead oil analyst for the . In 2021, Canada was the source of 51% of U.S. gross total petroleum imports and 62% of gross crude oil imports. 30:13. "Oil refinery capacity in Canada from 2004 to 2021 (in 1,000 barrels per day)." Daily. To help better understand these trends, U.S. C-suite? Are you interested in testing our corporate solutions? Following the networks of Plains and Enbridge, theres a steep drop off in the length of pipeline networks, with Sunocos crude oil pipeline network spanning about half the length of Enbridges at 6,409 miles. Canada Canada's 2.06Mbd refinery capacity in 2012 makes it the tenth biggest refiner in the world. The U.S. has over 200,000 miles of pipeline for crude oil, refined products, and natural gas liquids. Another key factor that helped keep commodity prices cool in 2022 was Chinas extended lockdowns which slowed down the countrys manufacturing and industrial capabilities. Hence, the importance of refineries to our every day lives cannot be overstated and its crucial that we address existing misconceptions some people have such as the idea that there are no refineries in Canada, or that we sell all of our oil at a discount. Register in seconds and access exclusive features. Location : Warehouse: Jebel Ali Free Zone, Dubai, UAE. affordable catering gold coast nyc scanner frequencies. The water and wastewater treatment market is expected to grow at a CAGR of 5.4% by value from 2022 to reach USD 956,481.2 million by 2032 from an estimated USD 565,514.4 million in 2022. The map also aspires to show the fast growing renewable energy power (wind, solar and hydro) locations colored in yellow. produces diesel and refinery input streams As COVID rocked the world economy, energy consumption plunged, and many refineries shuttered operations. In recent years, this refinery has relied entirely on oil tankers from the U.S. for its feedstock supply. Since 2010, U.S. crude oil production has more than doubled from 5.4 million barrels a day to more than 11.5 million. Population Data: Based upon EPA Enforcement & Compliance History Online (ECHO), and the 2010 U.S. Census and American Community Survey. These refineries have a combined refining capacity of 0.30 million cubic metres per day (10 6 m 3 /d) or 1.9 million barrels per day (10 6 bbl/d). Here is a list of the 5 top oil and gas companies in Alberta: 1. Many oil refineries arent able to directly convert bitumen, which is extracted from oil sands like those found in Alberta, making upgraders a necessary part in the production and processing of crude oil from oil sands. Despite a rise in oil production, Canada's pipeline constraints have largely been resolved, thanks to the completion of Enbridge's L3RP. Distillate fuels account for 40% of product demand in the Atlantic provinces, where furnace oil (light heating oil) is the predominant source of home heating, and heavy fuel oil (used to generate power) accounts for another 24%. Some of these refineries that shut down in 2020 "will become terminals, some of them will become renewable diesel or biofuel plants," Israel added. Crude oil creates gasoline, jet fuel, diesel, asphalt, tar . Where is the oil refinery market heading? In 1982 there were over 250 operating crude oil refineries in the United States; that number declined to 132 by 2019, according to data from the US Department of Energy (DOE). . 3. Warm White Mini Led Lights, (June 28, 2022). In 2021, production increased to 69.6 thousand cubic metres (103 m3/d), or 437.7 thousand barrels per day (103 bbl/d), in response to higher oil prices. February 22nd, 2022, 10:00 PM Who Is Canada'S Largest Oil Producer? The U.S. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 . Ontario's manufacturing sector is an important supplier of goods and services for Canada's oil and natural gas industry. . It is poured into the ship bunkers to keep the engines running. Canada General information. As a result, SCO blends typically sell at a price which is much closer to par with the WTI benchmark. Once construction is completed, the refinery is expected to have the ability to process light and heavy crude oil from North Dakota and Western Canada. *Includes only refineries with atmospheric crude oil distillation capacity. ConocoPhillips Overall Best Oil Stock to Buy Now. After topping the table in 2021 with an outsized price increase of 442.8%, lithium kept its top spot in 2022 with a more modest price increase of 72.5%. Our Locations. For Canadian Fuels member contact information, please visit the About section. Plastics and synthetic rubber are made largely from crude oil constituents. The all-but-certain death of Keystone XL is another blow to the battered oil patch, but experts predict the . Refineries play an incredibly important role in the lives of Canadians across the country. How many oil refineries are shut down in the US? Canadian refineries provide us with the components needed to make many of the day-to-day products we all rely on. Does Alberta still produce oil? In 2021, Canadian exports from the U.S. Gulf Coast averaged more than 180,000 bpd, reaching nearly 300,000 bpd in December, a record, according to Matt Smith, Kpler's lead oil analyst for the. United States Production: 18,875,000 bpd Number one on this list of the top 10 oil-producing countries is the US. The answer is shocking, considering that Canada has the third-largest proven oil reserves in the world and would be more than capable of supplying itself with all the oil it ever needs - if only it had the infrastructure to do to flow in pipelines or be shipped in unheated railcars, 12,000 kilometres and through the Panama Canal. That's a record high and 45% above last year's level. Almost half of all raw bitumen produced was sent for upgrading in Alberta last year, according to Natural Resources Canada. How Many Refineries Are in Canada? Irving in New Brunswick is by far the largest refinery in Canada with a capacity of 320,000 barrels a day. Mandala Tweed Stripes Shooting Star, Updated Nov Cdn energy trade balance (CAD): Exports: $6.9B +$380M Imports: $1.6B +$40M Data from @StatCan_eng: https://t.co/9MoiYKL26V pic.twitter.com/iB7VUHpl5O. Ontario refineries source most of their feedstock from Western Canada but also some from the United States. But domestic energy production is once again in the spotlight due to the U.S. ban on Russian oil imports and Russias impending export ban on raw materials. WEEKLY NEWSLETTER SIGN-UPSign up for our weekly newsletter site updates, oil prices and whats moving oil markets, delivered to your inbox every weekend (see archive): Get access to our entire database of commodity prices, energy statistics and oil sands data. By looking back at previous years, investors can gain insights into long-term trends and patterns in commodity prices. The Shell Refinery that was shut down was in Bakersfield 12 years ago. Updated. Accessed January 19, 2023. https://www.statista.com/statistics/265278/oil-refinery-capacity-in-canada/, BP. Consider that 48 of the 58 PADD 3 refineries are located in the states of Texas (30) and Louisiana (18). How the Oil Refinery Market, 2022 to 2032 Market report helps you? Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________, https://www.reportlinker.com/p06267773/?utm_source=GNW, Oil down 1% on another surprise build in U.S. crude stocks, Dollar rises on safe haven bids; yen regains footing, FOREX-Dollar rises on safe haven bids; yen regains footing, New Zealand Prime Minister Ardern Announces Shock Resignation. 35 of the U.S. states have oil refineries located in them although the only oil refinery located in Virginia is shut down. Prospects for established firms and those seeking to enter the market including company profiles for 20 of the major companies involved in the Oil Refinery Market, 2022 to 2032 Market. Monday, August 29, 2022 The U.S. Department of Energy has announced more than $540MM in awards for research into . Hover over a tile for details. Please do not hesitate to contact me.. Together they have a total refining capacity of nearly 2 million barrels of oil a day. ", BP, Oil refinery capacity in Canada from 2004 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265278/oil-refinery-capacity-in-canada/ (last visited January 19, 2023), Oil refinery capacity in Canada from 2004 to 2021 (in 1,000 barrels per day) [Graph], BP, June 28, 2022. The cost of a new refinery is pegged at $10 billion, and would take years to construct. While the U.S. is working to strengthen its battery metals production and supply chains with $2.8 billion in grants for domestic lithium, graphite, and nickel projects, it will be years before more supply comes online as a result. Thermal coal prices faced similar regional divergences, with Powder River Basin (PRB) coal (Americas benchmark for coal) falling by 48.3% this year while Newcastle coal, which is delivered out of the port of Newcastle, Australia primarily to various Asian nations, saw prices skyrocket up by 156.6% in 2022. Revenue: CA$30.867 billion. 2022. If you continue to use this site we will assume that you are happy with it. Source: S&P Global Since June 2019, 1.482 million barrels per day of refining capacity has been rationalized in the United States and Canada, of which about 590,000 barrels per day was damaged in storms or refinery incidents and is not eligible for quick restart, and 237,000 barrels per day is being converted to renewable diesel production. We use cookies to ensure that we give you the best experience on our website. Join VC+ for 2023s Global Forecast Report of Expert Predictions. What is the largest oil refinery in Canada? The EIA expects U.S. oil production to rise to 11.91 million barrels. The country accounted for about 2.2% of the world's total refinery capacity per day during the same year. Saskatchewan and Alberta also import lighter oils from the U.S. to use as a diluent in heavy crudes before shipping out via pipeline. processed 61 per cent synthetic crude and 12 per cent bitumen, for example. Learn more about how Statista can support your business. moviesda 2022 tamil. The North Atlantic Refinery in Newfoundland and Labrador is situated in Come By Chance, a municipality near the provincial capital of St. Johns. . Quebec spent more than $5.5 billion on oil imports in 2019, all from the U.S. Atlantic Canada is home to just two refineries. What clothing brands were popular in the 50s? Manitoba and Prince Edward Island as well as the territories did not have any refining capacity.. written by Dean Smith. Canada is home to 18 refineries: 5 in Alberta, 5 in Ontario, 2 in British Columbia, 2 in Saskatchewan, 2 in Quebec, 1 in New Brunswick, and 1 in Newfoundland and Labrador. 1. Vinci Construction Company, The amount of crude oil used in refineries in Western Canada dropped from 625 Mb/d in January 2020 to 412 Mb/d in April, and volumes increased during the year to almost 585 Mb/d in December. Also in Oil and petroleum products explained More Kate Hardin President Joe Biden's promise that the U.S. will. small vanity table with lighted mirror. PADD IV does currently get all of its oil imports from Canada (about half of required supply), but has limited capacity for expanding those import volumes. In 2021, production increased to 69.6 thousand cubic metres (103 m3/d), or 437.7 thousand barrels per day (103 bbl/d), in response to higher oil prices. Oil refinery capacity in Canada from 2004 to 2021 (in 1,000 barrels per day) [Graph]. The Jamnagar refinery is India's and the world's biggest oil refinery, producing 1.24 million barrels per day (bpd). How Many Refineries Are in Canada? Contains in-depth analyse of global, regional and national sales and growth Highlights for you the key successful trends, changes and revenue projections made by your competitors This report tells you TODAY how the oil refinery market will develop in the next 10 years, and in-line with the variations in COVID-19 economic recession and bounce. Source: Refinery Capacity Report. Governments would have less revenues to spend on healthcare, education and social programs (to name just a few examples). In the meantime,robust demand for EVs in Chinahas provided a constant need for these battery metals which are currently in short supply. As of May 2022, refining capacity stands at 17.9 million barrels per day (bpd). Its important to keep in mind how geopolitical events and supply disruptions last year affected the regional price differences for energy fuels. Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising oil refinery prices and recent developments. North American consumers are now facing surging gasoline and energy prices as foreign oil is proving to be far less reliable in times of geopolitical turmoil. Statista. Howe Institute sheds light on the myth that Canada's oil sands are "high cost" and "too expensive" to produce, making them obsolete in a future where fossil fuels are expected to be used less. According to the Canadian International Merchandise Trade Database, Canada imported approximately $11.5 billion of crude oil in 2020, down from $18.9 billion in 2019 and $19.2 billion in 2018. 2020 by the numbers Alberta oil producers exit COVID-19 pandemic little scathed, Alberta adds refining capacity, as Newfoundland awaits fate of NARL, Suncor shelves Montreal coker project, in lieu of more barrels at Firebag, Alberta says yes to plastics, but no thanks to partial upgrading and oil refining, Imperial books a profit on its refining business, as upstream operations struggle to break-even, From upgrader to refinery to partial-upgrader: Value Creation hopes to revive Heartland Complex, Husky looks to sell BC refinery and exit the retail business, Alberta's NDP government takes another stab at boosting refining capacity, Discounts on Canadian crude finally start to narrow as Midwest refineries re-open for business, China offers support for new Edmonton refinery, Expanding Bruderheim and adding refining capacity - Cenovus hints at future growth plans, Husky purchases additional Midwest refining capacity and defers Canadian expansion, Chevron finds buyer for BC refinery and fuel distribution, A look at Canada's refining capacity and how we compare to the rest of the world, Vancouver's only refinery goes up for sale, Why Vancouver desperately needs a new oil refinery, Independent refiners benefit from low oil prices, 2019 CAPP CRUDE OIL FORECAST, MARKETS & TRANSPORTATION. Revenue: CA$338.025 billion. Canada is a net exporter, mainly to the United States, of refined petroleum products and crude oil. The Irving Refinery in Saint John, New Brunswick is the largest refinery in Canada, and exports considerable volumes of RPPs to the U.S. Alberta is over 66 million hectares in size. The remaining 65 per cent is diluted usually with natural gas condensate and then sold as a heavy / sour blend. If refinery demand remains robust at 600,000 bbl/day, and rail exports hold steady at 150,000 bbl/day, then the Trans Mountain . The newest refinery in the United States is the Targa Resources Corporation's 35,000 barrels per calendar day (b/cd) condensate splitter in Channelview, Texas, which began operating in 2019. The Longest Crude Oil Pipeline Networks in North America. [Online]. Crude oil is the world's main source of fuel and largest overall source of primary energy. How many oil Refinerys are there in Alberta? Visualizing the History of Energy Transitions, Visualizing the Worlds Top 25 Fleets of Combat Tanks, The Benefits of Reducing Methane Emissions, The U.S. and China Account for Half the Worlds Household Wealth. Canadian Crude Oil Supply & Disposition Map (2016) - CER. All Canadians should appreciate and be grateful for the role that refineries have in our contemporary lifestyle and support the men and women who work hard in this industry everyday to make that happen! Refinery Report. This interactive graphic uses data from Rextag to map out crude oil pipelines and refineries across the U.S. and Canada, showcasing individual pipeline diameter and daily refinery throughput. For Canadian Fuels member contact information, please visit the About section. I've often ondered about the lack of refineries in Canada, and why oil is shipped south for refining. Can$11.5B of remaining project costs divided by Can$1.458 is 7,887MW. As a result of several U.S. refinery closures in 2020, U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity in the United States, dropped 4.5% to a total of 18.1 million barrels per calendar day (b/cd) at the start of 2021. MEXICO CITY (Reuters) -Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years up to August 2022 at two of its most important new . Show publisher information Sep 27, 2022, 11:52am EDT. 2022. ; Canada consumes 2.87 gallons of oil per capita every day (based on the 2016 population of 36,382,944 people), or 1,048 gallons per capita per year (25 barrels). The map also aspires to show the fast growing renewable energy power (wind, solar and hydro) locations colored in yellow. As soon as this statistic is updated, you will immediately be notified via e-mail. Is there a greater need for product commercialisation to further scale the oil refinery market? In 2020, Canada reduced its reliance on imports, especially non-U.S. imports. United States Oil Refineries by State. According to a report from Reuters, published in June of this year, the refining capacity across the US fell by 4.5% during 2020, the largest drop since the recession of 2012. It will be most useful for the SErvices Industry and other Business Groups. To use individual functions (e.g., mark statistics as favourites, set Learn about wheat farming in Canada, with these 15 fun facts + brief history, and more! Gasoline, jet fuel, plastics, cosmetics, textiles, electronics, sporting goods and medical supplies are just a few of those products. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). You find original analyses, with business outlooks and developments. As of 2018, . estimated completion is Q4-2022) Azikel Refinery (Azikel Petroleum), 12,000 bbl/d (1,900 m 3 /d) - (Under Construction; estimated completion is summer 2023) Ogbele Refinery (Niger Delta Petroleum Resources), 11,000 bbl/d (1,700 m 3 /d) . The refineries with the largest throughput in North America are all located in the Gulf Coast (PADD 3), with the five refineries that process more than 500,000 barrels per day all located in the states of Louisiana and Texas. Aug 9, 2022 . Brownfield, Refineries, Tie-Ins. Irving relies heavily on Saudi Arabia and the United States for oil supply, although in late 2020 the refinery did receive one shipment of Canadian oil via tanker from Vancouver which travelled nearly 12,000 kilometres and through the Panama Canal to reach the east coast. In 2014, U.S. pipelines transported almost all of the natural . Below weve compiled a list of facts and questions (with answers) which should help you better understand just how important refineries are to Canadians, and why we should support the men and women across the country who work in this critical industry. 7 For All Mankind Dojo Bootcut Jeans, Germany is spending over $60 billion to combat rising energy prices. Canada consumes 2,486,301 barrels per day (B/d) of oil as of the year 2016.; Canada ranks 9th in the world for oil consumption, accounting for about 2.6% of the world's total consumption of 97,103,871 barrels per day. The country contains approximately 18% of global proven petroleum reserves and is the world's largest exporter of petroleum. So, the crude oil inputs to the refineries averaged around 17.0 million barrels per day in 2018. When it comes to refinery output and the economy, the larger the numbers, th Trans Mountain Expansion Workers - TMX According to analysts, a total of 1,400 jobs were on the line with the potential for economic fallout to spread to other sectors through lost retail sales, income taxes, sales taxes, public revenues and so on and so forth. Marathon Petroleum Top US-Based Oil & Gas Stock for Long-Term Growth. Nearly 390,000 barrels a day make their way to PADD III (U.S. Gulf Coast) by railcar, the Keystone pipeline, and Enbridges Mainline via the Mid-Valley pipeline system. What are the key prospects for moving companies into a new growth path? Enbridge owns the next largest crude oil pipeline network, with 12,974 miles of crude oil pipelines that are at least 10 inches in diameter. U.S. refiners set for strong start to 2022 as fuel prices surge worldwide. In the last seven months of the year the S&P GSCI nearly completed a return trip and only ended up rising 8.7% in 2022 overall. Canada is a net exporter, mainly to the United States, of refined petroleum products and crude oil. In 2020, oil refinery capacity in the United States amounted to approximately 18.1 million barrels per day, while the actual refinery throughput was 14.2 million barrels of oil per day. Will leading oil refinery markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others? Chronis has more than 30 years of experience serving public and private . Net Income: CA$8.956 billion. Mapped: Which Countries Have the Highest Inflation? The way U.S. oil refineries are set up has a lot to do with it. Canadas net production of petroleum products totalled 2.5 million barrels of oil per day in 2019, more than a quarter of which was exported. The refinery processes 268,000 barrels per day (bpd) of oil and produces 92,600 bpd of diesel fuel, 89,000 bpd of gasoline and 44,500 bpd of jet fuel. Refineries in Alberta and B.C. Growing Demand For Petroleum Products The product demand in each region has an impact on refinery configuration as well. Then you can access your favorite statistics via the star in the header. Five refinersMarathon Petroleum Corp. (MPC . What can be the best investment options for new product and service lines? Alberta - home to the worlds third largest oil reserves - has all the feedstock supply it needs for provincial refineries, however these facilities still import lighter grade oils from the U.S. to use as a diluent which when mixed with bitumen allows it to flow in pipelines or be shipped in unheated railcars. Pipelines in Canada: What You Need to Know, Principles, Privacy Policy & Terms of Use. The result was that five refineries across . Canada is home to 15 refineries, all of which are operated by Canadian Fuels members and represent the country's refining capacity. Since 2010, U.S. crude oil production has more than doubled from 5.4 million barrels a day to more than 11.5 million. The pipeline began interim service on December 18, 2021 and went fully operational on January 1, 2022. upgraded into a light/sweet synthetic crude (SCO), sell at a premium to WTI for a number of reasons. Nike Air More Uptempo '96 Volt, Patrick Semansky. Prediction Consensus: What the Experts See Coming in 2023, The U.S. Stock Market: Best and Worst Performing Sectors in 2022, Top Heavy: Countries by Share of the Global Economy, Ranked: The 100 Biggest Public Companies in the World, Timeline: The Most Important Science Headlines of 2022, Mapped: The Most Innovative Countries in the World in 2022, Visualizing the Worlds Top Social Media and Messaging Apps, Visualizing $65 Trillion in Hidden Dollar Debt, Ranked: The Worlds Wealthiest Cities, by Number of Millionaires. Canada is home to 18 refineries with a total combined refining capacity of nearly 2 million barrels of oil per day, Eastern refineries rely on foreign nations with lower environmental, social, and governance (ESG) scores for some, if not all feedstock supply, Refineries employ tens of thousands of Canadians, generate billions in economic activity and play an integral role in providing us with the petroleum products we rely on every day. Global refining, which is vital for producing fuels like gasoline and diesel, decreased by 1.4 million barrels a day between 2019 and the first quarter of 2022, according to the International Energy Agency. In 2019, for example, Canada imported $18.9 billion of oil mostly from the U.S. and Saudi Arabia, almost all of which went to these four provinces. Refineries in New Brunswick, Quebec, Ontario and Newfoundland and Labrador are largely responsible for the tens of billions in foreign oil imports into Canada each year. The Oil Refinery Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying. Materials suppliers are struggling to make a profit, while tier suppliers and OEMs are stuck between raising prices and experiencing cost hikes. The U.S. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 refineries that can process around 20 million barrels of oil every day. Methodology: Canada Energy Regulator (CER) estimates the cost of utility-scale solar installation is Can$1.458/W. updated: sep 14, 2022: site map: projects / refineries : notes: 1 asphalt refinery (formerly owned by husky energy) 2 lubricants plant 3 purchased from chevron in q3/2017 4 excludes clarkson lubes refinery 5 purchased from husky in nov 2019 6 heavy oil splitter, producing specialty market refined products 7 regulated as upgrader. See full list of refineries. Here are our top three questions for anti-Canadian energy activists going into 2023! In 2019, 98 per cent of Canadas oil exports went to the United States. Key measures include a $300 one-off energy allowance for workers, in addition to $147 million in . When Canada Action isn't engaging in balanced, fact-based and non-partisan discussions in the public domain, we are busy busting misinformation while asking anti-resource development activists some very important questions. There are 15 refineries in Canada, which are operated across most of the Canadian provinces. The second half of the year saw prices cool as the U.S. continued to release crude oil from its strategic petroleum reserve while Russia and Ukraine established an agreement to enable grain and agricultural exports, quelling fears of extended supply disruptions. The global bunker fuel market size was valued at $109.6 billion in 2020, and is projected to reach $164.9 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030. Antero Resources Best Oil Stock for Momentum. Together they have a total refining capacity of nearly 2 million barrels of oil a day. How Much Oil Does Canada Import? As a Premium user you get access to background information and details about the release of this statistic. If Keystone XL does get built, PADD III will be able to source more oil from Canada and rely less on supply from foreign nations who rank much lower on environmental, social, and governance metrics. This, in turn, makes Saudi Arabia's oil sector significantly more profitable. Discover their capabilities, progress, and commercial prospects, helping you stay ahead. Western Canadian Select (WCS) is the most popular heavy / sour blend in Canada and does currently sell at a premium to WTI for a number of reasons. You need at least a Starter Account to use this feature. To grasp a nearly immediate appreciation for refineries, just think about going for a year in life without all the listed products above. That list goes on, and on, quite literally, with thousands upon thousands of items, some of which you may have not had any clue were derived using oil. So, U.S. oil production has fallen under Biden. Global refining, which is vital for producing fuels like gasoline and diesel, decreased by 1.4 million barrels a day between 2019 and the first quarter of 2022, according to the International Energy Agency. What Are These Questions You Should Ask Before Buying A Market Research Report? It shows the four refineries in Ontario: three in Sarnia and one in Nanticoke. Are oil refineries running at full capacity 2022? All of a sudden, the oil products mentioned above gasoline, jet fuel, plastics, cosmetics, textiles, electronics, sporting goods, medical supplies, etc. This interactive graphic uses data from Rextag to map out crude oil pipelines and refineries across the . Read the full report: https://www.reportlinker.com/p06267773/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. The refinery is being rebuilt with the same configuration and with a processing capacity of 45,000 bbls/d, and is expected to produce a full slate of products, including asphalt, gasoline and . Forecasts by Type (Topping Oil Refinery, Hydroskimming Oil Refinery, Conversion Oil Refineries, Deep Conversion Refineries), by Processing Unit (Crude Oil Distillation Unit (CDU), Vacuum Distillation Unit (VDU), Diesel Hydrotreating Unit (DHT), Semiregenerative Reforming (SRR), Fluid Catalytic Cracking Unit (FCC), Sulphur Recovery Unit (SRU)), by Investment (CAPEX, OPEX) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Recovery Scenarios, New York, April 20, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Oil Refinery Market Report 2022-2032" - https://www.reportlinker.com/p06267773/?utm_source=GNW The Oil Refinery Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. Over the past few years, more than 34 million barrels were shipped to buyers in China, India, South Korea, and Europe. +971 48819803. In 2019, for example, approximately 1.72 million barrels a day of crude oil was shipped to Canadian refineries, a majority of which was from domestic sources. Its important to note that pipelines are not a perfect solution, as leaks and spills in just the last decade have resulted in billions of dollars of damages. After 2021 saw an impressive surge in commodity prices as the world reopened post-pandemic, 2022 brought another year of positive returns for the asset class that were defined by high levels of volatility. The complex is located in Jamnagar, Gujarat, India. How will the market shares for each oil refinery submarket develop from 2022 to 2032? Take for example the following price charts: Oil Prices January 13th, 2021 oilprice.com. Overall, operating U.S. refineries had a capacity of about 17.7 million bpd of oil and produced about 9.5 million bpd of gasoline, 4.7 million bpd of diesel fuel and 1.3 million bpd of jet fuel in 2021. Canadas offshore oil production is shipped to buyers in Eastern Canada, the U.S., Asia and sometimes Europe. Men Cerrar certiflat 36 x 48 heavy duty welding table While WTI crude oil (North Americas benchmark) increased by 6.7% in 2022, Brent crude oil (Europes benchmark) was up 10.4% as Urals crude oil (Russias benchmark) fell by more than 26.5%. Access to this and all other statistics on 80,000 topics from, Show sources information With each subsequent module costing approximately 60 per cent of the initial piece, the projected cost at build out is more than $30 billion. Today, the largest pipeline network across the U.S. and Canada (with a diameter of at least 10 inches) is the 14,919 mile network managed by Plains, which spans from the northwestern tip of Alberta all the way down to the southern coasts of Texas and Louisiana. This market is more critical now than at any point over the last 10 years. Gibson Oil & Refining, Bakersfield Refinery (Closed) 1978: Gibson Oil & Refining: 1978-July 1987: . The refinery is among the top 25 largest-capacity facilities in the U.S., according to the Energy Information Administration. The 2022 pipeline map below shows many of the major Canadian and U.S. crude oil pipelines and refineries. As of April, 2021, the United States had 18.1 million barrels per day of petroleum refining capacity (i.e., operable atmospheric crude oil distillation capacity). Oil and petroleum products explained Refining crude oil Basics The refining process Inputs & outputs Refinery rankings +Menu Top 10 U.S. refineries operable capacity* As of January 1, 2022 See full list of refineries Last updated: June 21, 2022, with most recent data available at the time of update. This will be the first major expansion to U.S. crude oil processing in about 10 years. The facility is primarily located in Whiting, Indiana, USA, though portions of the 1,400 acres (5.7 km 2) complex span into the neighboring cities of Hammond and East Chicago. ">. In, BP. PADD IV (Rocky Mountains) and V (West Coast) are also receivers of Canadian oil but arent able to source as large of quantities as other regions of the U.S. due to limited transportation capacity. +971 48819804. There are only about 700 refineries in the entire world. There are four operating refineries in Alberta with a combined crude processing capacity of over 458,200 bbl/d. Topping Oil Refinery This is a list of oil refineries. Monday, May 5, 2008. There are about 130 oil refineries in the U.S. and most are pretty old; the newest one that can handle over 100,000 barrels a day was built in 1977. But over the past five years, liquid pipeline incidents have fallen by 21% while pipeline mileage and barrels delivered have increased by more than 27%. Many businesses rely on crude oil as a direct source of raw materials: the chemical sector employs naphtha, kerosene, and other products whose costs are directly affected by changes in crude oil prices, therefore as crude oil prices rise, production in these industries decreases. What is driving and restraining the oil refinery market? Western Canadian output will grow annually by about 150,000 bbl/day. A majority of those exports at nearly 2 million barrels per day go to PADD II in the U.S. Midwest and are primarily transported by the Keystone pipeline system, Enbridges Main Line, and the Express Pipeline. The report highlights key lucrative areas in the industry so you can target them NOW. Led multi-discipline . An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016. U.S. refining capacity had reached a record high of nearly 19.0 million barrels per day as of January 1, 2020, but several refineries have closed since then, resulting in a capacity decline of 4.5 percent. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. A simple google says there are 19 refineries in California. 132 Richmond St., Suite 2a Charlottetown, PE C1A 1H9, l-glutathione vs glutathione which is better. torrent young xxx. Number of employees: 9,709. These various sprawling pipeline networks initially carry crude oil to refineries, where it is processed into gasoline, diesel fuel, and other petroleum products. Together, PADD II and PADD III have a total of 84 refineries which are able to process nearly 14 million barrels of oil a day. Approximately 35 per cent of bitumen production in Canada is upgraded into a light/sweet synthetic crude (SCO) before being sold to downstream buyers. Given that raw materials can account for up to 70% of a companys expenses, variations in raw material input costs must be taken into account. The size of the planned outages suggests supplies of gasoline and diesel could . Although Ontario is not a significant producer of petroleum, the province has just over 2,300 producing oil and gas wells. How is the oil refinery market evolving? A metal that did shine brightly in 2022 was lithium, which has been newly added to the Periodic Table of Commodity Returns. . It is currently transporting 200,000 barrels a day, with a little excess capacity to spare. Ksi Lisims LNG, an Indigenous-led project in northwestern British Columbia, has been given the 'OK' to export natural gas in the form of LNG by the Canada Energy Regulator (CER). This map shows oil refinery operations in red and allow users to report health issues directly on the map colored in blue. April 25 (Reuters) - U.S. oil refiners . . . Download the map here. A recent study conducted by the Canadian Energy Research Institute (CERI) found that if refineries out east replaced all foreign oil with Canadian oil, it would reduce emissions by 6.2 per cent and save them tens of millions of dollars. The economic consequences of losing GDP output from refineries combined with the increased costs of importing petroleum products would take a serious toll on the wallets of all Newfoundland and Labradorians. What is the biggest oil refinery in Canada? The Crown (i.e., Alberta) owns the mineral rights for approximately 81% (53.7 million hectares). Visualizing Currencies Decline Against the U.S. Dollar. This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. "Oil Refinery Capacity in Canada from 2004 to 2021 (in 1,000 Barrels per Day). Uses for heavy oil and light crudes Heavy and light crudes are different products; neither is superior. U.S. Inflation: How Much Have Prices Increased? The refinery is designed to consist of five modules at a total of 1 million barrels per day. Lotus Midstream. produces diesel and refinery input streams The demand for petroleum products is approximately evenly split among the regions, with Atlantic/Quebec, Ontario, and the West accounting for almost one-third of total sales each. four refineries This map shows major oil transportation routes in eastern Canada and Ontario for crude oil and refined petroleum products. Too Much! The Irving refinery is unique compared with other refineries because it is a family-owned operation with no crude oil production, and a refining and marketing arm. . The global oil and gas market size is estimated to reach $5,870.13 billion in 2021. The two refineries in Quebec: one in Montreal and one in Levis near Quebec City. Tens of billions of dollars in economic activity would also be lost. Top Four Types of Oil Refinery There are four types of refineries - topping, hydro-skimming, conversion, and deep conversion refineries. Warm White Mini Led Lights, Upgrading was used to commercialize the oil sands when it started production in the late 1960s, because there was no other way to transport bitumen to markets. to incorporate the statistic into your presentation at any time. These prices may differ from price action seen around the world. The payment will decline to zero if margins increase to $10.20 per barrel. Refineries are commonly found near major bodies of water, major cities, or areas where crude oil is produced. Canada Canada's 2.06Mbd refinery capacity in 2012 makes it the tenth biggest refiner in the world. Where can I watch the entire Dragon Ball series for free? Refining Sites and Capacity Canada is home to 15 refineries, all of which are operated by Canadian Fuels members and represent the country's refining capacity. How will each oil refinery submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032? Oil Reserves by Country 2022. Meanwhile, the total distillation capacity of all refineries combined increased from a low of 14.4 million barrels per calendar day in 1985 to a high of 18.7 in 2019. If you liked this article, we invite you to join us and hundreds of thousands of fellow Canadians on Twitter, Instagram and Facebook to learn more about the positive influence natural resources have on our daily lives and how we should be a global supplier of choice for oil, natural gas, minerals, metals, forest products, agricultural products, petroleum products and everything in between. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region. Here are the 10 countries with the most oil reserves: Venezuela - 303.8 Saudi Arabia - 297.5 Canada - 168.1 Iran - 157.8 Iraq - 145 Russia - 107.8 Kuwait - 101.5 United Arab Emirates - 97.8 United States - 68.8 Libya - 48.4 Oil Reserves by Country 2022 Show Sources Most of the refinery closures occurred in western countries, the data showed. As of January 1, 2021, there were 129 operable petroleum refineries in the United States. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The Oil Refinery Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying . Canada has 17 refineries in operation, with 14 refineries that produce gasoline as well as significant oil and condensate reserves. Fort McMurrays facility is an upgrader, which differs from refineries as it upgrades heavy oils like bitumen into lighter synthetic crude oil which flows through pipelines more easily. Offer helpful instructions and related details about How Many Refineries In Us . Apply for, view or make payments on your Menards Big Then buff the countertops with either a baking soda paste or a retail granite . In a recent interview with Fox Business, American Petroleum Institute President Mike Sommers stated that 11 US gas refineries closed over the past two years. 2. Did you know that Canadian wheat farmers produce 12% of the world's supply? Oil and Gas Industry Employment Trends (Editor's Pick) The latest statistics show that the oil and gas industry in the US employs around 10.3 million people. All Canadians should be able to support such an initiative that would benefit not only our national economy, but the global environment as well! Raw Material Price Volatility And Rapidly Depleting Crude Oil Refined petroleum products, chemicals and chemical products, coke, and intermediate goods were among the industries that were heavily impacted. What are the implication of oil refinery projects taking place now and over the next 10 years? Types of Pipelines Canada's pipeline system is made up of four main types of pipelines that gather, transport and deliver energy to Canadians and to export markets in the United States. Did you know that 4 of Ontarios oil refineries make up about 20 per cent of Canadas total refining capacity, and that about 80 per cent of their feedstock comes from the western part of the country? Our work identifies which organizations hold the greatest potential. The quality of SCO is much higher than diluted bitumen (WCS) and is even marginally better than some conventional light / sweet blends. A Closer Look at the Best Oil Stocks to Invest in. 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