January 2017 Pipeline Activity

Over the past several months, we have seen a shift in the percentage of pipelines carrying Natural Gas vs Oil. While in January 2016, over 67% of pipelines in Western Canada were licensed for Natural Gas and 22% were licensed for oil, in January 2017 this has shifted to 50% Natural Gas and almost 31% oil. Activity in January remained relatively stable compared to December, but is still about 2/3 of the levels seen in January 2016.