Oil Sands Rebound in 2019 Hinges on Rail, Output Cuts, Pipeline
- Watch for ramp-up of rail shipments, wind-down of curtailments
- Industry awaits taste of pipeline relief with Line 3 startup
Heavy haulers are seen at the Suncor Energy Inc. Fort Hills mine in this aerial photograph taken above the Athabasca oil sands near Fort McMurray, Alberta.
Photographer: Ben Nelms/BloombergThis article is for subscribers only.
The Canadian oil industry could be in for another turbulent year in 2019, depending on how some pivotal events pan out.
Government-mandated production cuts and the potential startup of a key crude pipeline are among key developments to watch for next year. Here’s a look at each one: