Trans Mountain Oil Pipeline Hits Full Capacity as Asian Demand Surges

The Trans Mountain pipeline has reached full capacity for the first time since its expansion was completed, boosting the pipe’s total carrying capability to 890,000 barrels daily. Indeed, this month the pipeline has seen more demand than there is capacity, a senior executive at the same-name company said, as quoted by Reuters. The expansion of the Trans Mountain infrastructure has been crucial for Canadian oil producers’ output plans, which have focused on responding to higher demand for oil, especially from Asia and especially from…