CALGARY, Alberta—Canadian midstream company Gibson Energy is loading 60 unit trains per month at the Hardisty, Alberta, crude-by-rail terminal and that will go up to 90 trains per month by the end of the summer, CEO Steve Spaulding said on May 24.
Each unit train can carry around 75,000 barrels. The Hardisty terminal is owned by USD Partners LP and used exclusively by Gibson.
Low prices for natural gas have discouraged customers for Permian Pass.
Reversal on track to transport Canadian and Midcontinent oil to St. James, La.
Overall transport earnings were down, however, as long-haul movements declined.