Supplies of Canadian oil sands heavy crude are increasingly being refined on the US Gulf Coast and could top 1.2 million b/d—a full one third of the region’s heavy oil refining market—by 2020, according to an IHS Markit report.
Supplies of Canadian oil sands heavy crude are increasingly being refined on the US Gulf Coast and could top 1.2 million b/d—a full one third of the region’s heavy oil refining market—by 2020, according to an IHS Markit report.