So, it turns out The Wall Street Journal doesn’t have a section in their fine publication devoted to coated components. But here’s the thing – what we do, what you do, it’s a BIG deal. So we’re not going to quit our day jobs, but we monitor what’s going on and post it here on our site. Make sure to bookmark this page, visit often and tell your friends. This is your hub for news and updates for the industry.
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Canadian pipeline company Enbridge has assured Michigan that Line 5 under the Mackinac Straits maintain nearly 99% of their original integrity. Michigan reviews Enbridge oil pipelines By: Daniel J. Graeber LANSING, Mich., Oct. 7 (UPI) -- Michigan authorities said Canadian pipeline company Enbridge offered assurances two oil pipelines running under the Mackinac Straits are secured. Line 5 of the Lakehead pipeline system splits into two 20-inch pipelines that carry the heavier grade of crude oil beneath the straits separating the Upper and Lower Michigan Peninsulas. They were installed in 1953. Since an oil spill from Line 6b of the system in 2010, Enbridge has faced scrutiny about the integrity of the pipeline system. That spill was one of the worst onshore incidents of its kind in U.S. history. To read the rest of this article, visit UPI.
A recent report from the Council on Foreign Relation is urging for deeper economic ties between the US, Canada, and Mexico - with the hope of a swift approval of the Keystone XL pipeline. The report calls on US leaders to recognize the reality of North American energy and trade relationships as the strongest force in the world countering the rise of China and other Asian economic powers. Council on Foreign Relations report calls for Keystone approval By: Guy Taylor Rather than pivot to Asia, U.S. policymakers should be focusing on a pivot to North America by deepening economic ties with Canada and Mexico and getting serious about swiftly approving the Keystone XL oil pipeline, according to a report released Thursday by the Council on Foreign Relations. The three countries should build on the foundation of the North American Free Trade Agreement (NAFTA), with a specific focus on expanding coordination on trade, energy and security policy, said the report, which was authored by a
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. +11 to 1925, Canada +5 to 414 By: Baker Hughes Incorporated BHI Rig Count: U.S. +11 to 1925 rigs U.S. Rig Count is up 11 rigs from last week to 1925, with oil rigs up 9 to 1584, gas rigs up 2 to 340, and miscellaneous rigs unchanged at 1. U.S. Rig Count is up 158 rigs from last year at 1767, with oil rigs up 219, gas rigs down 54, and miscellaneous rigs down 7. The U.S. Offshore rig count is 65, down 1 rig from last week, and unchanged year over year. To read the rest of this article, visit Baker Hughes.