Canadian crude exports to the US Gulf Coast more than doubled in 2015 while non-US exports tumbled, according to the latest data from Canada’s National Energy Board. Bolstered by new pipeline connectivity, Canadian exports to the US Gulf Coast increased to about 389,600 b/d from about 186,000 b/d in 2014. Nearly 99% of that increase, or around 201,000 b/d, was heavy crude, for which many Gulf Coast refineries have a healthy appetite. Canada’s total exports in 2015 were 3.035 million b/d, up 6.4% from 2.853 million b/d in 2014, according to NEB data. The country’s total production in 2015 was 3.871 million b/d, according to initial data from NEB, up 3.1% from 3.753 million b/d in 2014. While the bulk of the pipeline headlines in 2015 were focused on the bitter political fight over and rejection of TransCanada’s Keystone XL, now tied up in the US court system, other […]