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Plains All American Pipeline LP
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2015 NAPTP Annual MLP Investor Conference
| Greg Armstrong | Page 18 of 11 |
November 23, 2024
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18 www.plainsallamerican.com NYSE: PAA & PAGP Rest - of - World Last 4 years (Ex OPEC, U.S. & Canada): High Prices, Great Capital Market Conditions, But NO Volume Growth WTI average 95.24 $ 94.23 $ 98.13 $ 92.96 $ Brent average 111.26 $ 111.63 $ 108.56 $ 99.02 $ Average diff 16.02 $ 17.40 $ 10.43 $ 6.06 $ Change 2011 to mmbls/day 2011 2012 2013 2014 2014 Total world liquids supplied 87.1 90.3 91.4 93.8 6.70 Less: OPEC Crude production (29.8) (31.2) (31.6) (30.7) OPEC NGL & NCF production (5.4) (5.6) (5.6) (5.8) Other (incl inventory change) (0.5) 0.6 (0.1) 1.0 Total Non-Opec liquids production including processing gains 52.4 52.9 54.3 56.3 3.90 Less: U.S. (9.0) (10.0) (11.2) (12.8) (3.80) Canada (3.5) (3.8) (4.0) (4.2) (0.70) Rest of World (ex OPEC, U.S. & Canada) 39.9 39.1 39.1 39.3 (0.60) Source: Opec