Canadian Pipelines Cut Rates
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Bakken news.
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Canadian oil outputReuters
•Analysis-Trans Mountain oil pipeline expansion pushes rivals to cut rates, for now
81% Informative
U.S. imports of Canadian crude hit a record in July as Trans Mountain expansion ( TMX ) volumes grew.
Pipeline operator Enbridge said in August it will cut tariffs for September by 11% per barrel on heavy crude moving on its Mainline system.
Pipeline operators MPLX 's Capline , a key conduit for Canadian heavy crude, will likely transport more light crude from the Bakken oilfield in North Dakota .
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