RE:RE:RE:RE:New Mine Train
I think you will find that Suncor has the same capacity utilization rate that COS does. They just have more assets so don't need to talk about it. There is an unhealthy focus on why Syncrude cannot achieve nameplate capacity. No one can. It is typical for a heavy industrial operation to take a two week maintenance shutdown and spend 2-3 days winding down and 3-4 days winding back up making it an effective 3 week shut down. In effect 6% of nameplate capacity is given away every year. Queueing issues and unplanned downtime usually wipes out a further 5-8%. The other issue, which COS does not have to deal with is a lack of market for all output at certain times of the year. But add it all up and you get an 87.3% capacity utilization rate for mines as you can see here....
https://www.federalreserve.gov/RELEASES/G17/current/default.htm
350,000 x 87.3%-= 305,550. So if Syncrude lifts their game to here I am fine with it.