Athabasca Oil Corp T.ATH

minimoe has no clue

[Duster340]

Oil production in Alaska reaches lowest level in more than 40 years

Source: U.S. Energy Information Administration, Petroleum Supply Monthly

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Crude oil production in Alaska averaged 448,000 barrels per day (b/d) in 2020, the lowest level of production since 1976. Last year's production was over 75% less than the state’s peak production of more than 2 million b/d in 1988. Production declined in 28 of the 32 years since Alaska’s oil production peak as the state’s oil fields have matured. The 4% decrease in annual oil production in Alaska in 2020 was part of a larger decline in U.S. oil production.

The Trans-Alaska Pipeline System transports crude oil from the North Slope of Alaska to Valdez on Alaska’s southern coast. Pipeline deliveries have decreased because of less production. Lower oil volumes cause oil to move more slowly in the pipeline, and the travel time for oil from the North Shore to Valdez has increased from 4.5 days in 1988 to 18 days in 2020.
 

2.14 million barrels per day

 

The pipeline has a maximum capacity of 2.14 million barrels per day (340,000 m3/d). At the end of the pipeline is the Valdez Marine Terminal, which can store 9.18 million barrels (1,460,000 m3) of oil.

[Maxmoe]

Stop embarrassing yourself. Don't start gaslighting me now, it's bad enough when you try and keep up. Shall we review?  "if it's displacing current production into the very quickly ageing Alaskan pipeline infrastructure, I guess you'll eventually figure out it's a big so what?" is this so difficult I have to spell it out? The infrastructure is over 50 years

[CanadainOilBull]

DUSTER340, I have read several posts of yours and wonder why you are always so negative.  This is a ATH bullboard, so what gives?  If you don't want to invest in ATH, that is fine, I take no offense.  I do however resent the fact that all you post is 'verbal diarrhea' with malice against this Company that has gone from $0.10/share on the verge of bankruptcy to $3.39

[smartmoni]

DUST IN THE WIND......Dont waste your time on him.. He gets paid to try and bring to share price down so his team can buy lower! They only attack solid plays like ATH.