Tuesday, November 30, 2021 10:05:57 AM
The current Administration shutdown the XL pipeline on their first day and instituted drilling bans on federal lands. They are currently looking at shutting down line 5, a pipeline that transports up to 22.68 million gallons, or 540,000 barrels per day, of light crude oil, light synthetic crude, and natural gas liquids to the upper mid west region.
Of course all this is good for PCTL/DOGT as producers/refiners turn to EOR to make up for the shortfalls in supply.
Recent PCTL News
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