Quote:
Originally Posted by WarrenC12
Parkland is already maxed out, nothing will change for them.
We could technically get more refined fuel from Alberta, but that would still be competing with dilbit for Asia. Absolutely nothing to suggest the price will come down. In fact the opposite is possible.
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Actually, Parkland is running at 80% capacity due to lack of supply, per this affidavit from Michael Rensing, the director of Low Carbon Fuels Branch in BC:
https://twitter.com/richardzussman/status/1123657044031037440
https://twitter.com/richardzussman/status/1123657531677536256
Also, given the disparity between BC and Alberta refined prices thanks to the glut of refined product in Alberta, any self-interested shippers could do well putting gasoline in the pipe to feed the BC market; why continue to sell into Alberta, when they have the capacity to sell into BC at a higher price?
So it is possible they won't ship more refined but it goes against business sense to do so; and with the additional capacity available, they could easily do so, and make good profit on it.
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