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Pastures of Plenty - PADD 4 Pipeline Connections, Higher Output Help it Balance Crude Market
Manage episode 471896776 series 2624419
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The Rocky Mountain region (PADD 4), with a population that is both smaller and more spread out than other parts of the Lower 48, consumes only around 650 Mb/d of refined products — just one-fourth the volume of the next-smallest PADD. That limits the need for refinery capacity, which matches the region’s average annual consumption and is only outstripped in the summer months. Yet, the Shale Revolution has impacted the Rockies as much as any other region, boosting production in the Denver-Julesburg (DJ) and Uinta basins, and the Montana portion of the Bakken. At the same time, the area has also seen increasing volumes coming in from PADD 2 and Canada. In today’s RBN blog, we’ll look at how PADD 4 dispenses these barrels and its role in balancing continental crude oil supply and demand.
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Manage episode 471896776 series 2624419
Content provided by RBN Podcast and RBN Energy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by RBN Podcast and RBN Energy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The Rocky Mountain region (PADD 4), with a population that is both smaller and more spread out than other parts of the Lower 48, consumes only around 650 Mb/d of refined products — just one-fourth the volume of the next-smallest PADD. That limits the need for refinery capacity, which matches the region’s average annual consumption and is only outstripped in the summer months. Yet, the Shale Revolution has impacted the Rockies as much as any other region, boosting production in the Denver-Julesburg (DJ) and Uinta basins, and the Montana portion of the Bakken. At the same time, the area has also seen increasing volumes coming in from PADD 2 and Canada. In today’s RBN blog, we’ll look at how PADD 4 dispenses these barrels and its role in balancing continental crude oil supply and demand.
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continue reading
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Similar to RBN Energy Blogcast
Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
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