“Today we are sitting right on the knife’s edge,” says McMillan, noting the country’s pipeline system has the capacity to ship about 4 million bpd, while oil companies are producing about 3.98 million barrels. In other words, there’s little room for expansion on the existing transportation network. And during the next five years, oilsands production is anticipated to grow by an average of 128,000 bpd.
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