Not Logged In Log In   Sign Up   Points Leaders
Follow Us    3:15 PM

GasBuddy News Article

52
votes
Planned crude oil pipelines

econbrowser.com -- The EIA last week released a nice summary of planned additional U.S. pipeline capacity.

The reversal of the Seaway Pipeline began last May to carry 150,000 b/d of crude oil from Cushing, Oklahoma to refineries near Houston. Last month the capacity was increased to 400,000 b/d, and a second pipe twinning the first is expected to bring the total capacity up to 850,000 b/d by 2014:Q1. At the same time, TransCanada expects the Gulf Coast portion of its Keystone Project to be completed by the end of this year with the capacity to transport an additional 700,000 b/d. Six other projects are planned or under construction that would bypass Cushing and could carry an additional 355,000 bbl/d from west Texas directly to the Gulf Coast by the end of this year, with 478,000 b/d added to that in 2014.


Read the Full Article

Submitted Feb 18, 2013 By: NOTSOGRN
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Planned crude oil pipelines Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
rjhenn
Champion Author Des Moines

Posts:27,903
Points:2,755,150
Joined:Aug 2005
Message Posted: Feb 18, 2013 11:58:12 PM

slicerette - "Yes, Michigan is benefitting from heavy Canadian crude being piped into the $2.2 Billion Expansion of Detroit Marathon Oil Refinery. Since opening the new addition, the size of a new refinery, the cheaper Canadian Crude is being refined into gasoline for Detroit. Since opening, the price of gas in Detroit is the lowest in the state."

So why do you want to increase the price of Canadian crude by making more of it available on the world market?
Profile Pic
slicerette
Champion Author South Bend

Posts:4,146
Points:718,520
Joined:Jan 2011
Message Posted: Feb 18, 2013 11:18:46 PM

Yes, Michigan is benefitting from heavy Canadian crude being piped into the $2.2 Billion Expansion of Detroit Marathon Oil Refinery. Since opening the new addition, the size of a new refinery, the cheaper Canadian Crude is being refined into gasoline for Detroit. Since opening, the price of gas in Detroit is the lowest in the state.

If all that oil is to be exported, why would big oil continue to import heavy Venezuelan crude oil that costs more?

The highest ranking gov't official to claim Canadian crude will be exported is Socialist U.S. Senator Bernie Sanders (I-VT)
Profile Pic
southrob
Champion Author Tucson

Posts:5,931
Points:1,207,725
Joined:Mar 2011
Message Posted: Feb 18, 2013 10:59:45 PM

dhan
Profile Pic
rjhenn
Champion Author Des Moines

Posts:27,903
Points:2,755,150
Joined:Aug 2005
Message Posted: Feb 18, 2013 10:26:19 PM

There's already too much oil going to the Gulf, where it can easily be exported. We need more to go to other parts of the country, where we need it.
Profile Pic
boldrph
Champion Author Topeka

Posts:21,192
Points:4,003,645
Joined:Oct 2002
Message Posted: Feb 18, 2013 9:34:10 PM

america loves to overbuild and then collapse
Profile Pic
gknee09
Champion Author Philadelphia

Posts:1,039
Points:964,345
Joined:Jul 2009
Message Posted: Feb 18, 2013 9:31:57 PM

yes, restrict exports
Profile Pic
SparkieMi
Champion Author Kalamazoo

Posts:5,564
Points:1,126,245
Joined:Sep 2011
Message Posted: Feb 18, 2013 8:28:38 PM

Chase58 hits the nail on the head!!!
Profile Pic
SparkieMi
Champion Author Kalamazoo

Posts:5,564
Points:1,126,245
Joined:Sep 2011
Message Posted: Feb 18, 2013 8:26:15 PM

Did I hear right that a Texas land owner was being sued by the Canadian Keystone owner to force her to let the pipeline go through her land?????
Profile Pic
Chas58
Champion Author Detroit

Posts:3,292
Points:814,200
Joined:Mar 2011
Message Posted: Feb 18, 2013 8:26:06 PM

The way I see it, increased pipeline capacity only gives the producers a better means of getting oil to ports where it can and will be exported. If the Fed does not take control and force the reduction of exports all of this increased pipeline capacity will mean nothing to the American consumer.

[Edited by: Chas58 at 2/18/2013 9:27:13 PM EST]
Profile Pic
billy44bo
Champion Author Mobile

Posts:9,512
Points:2,038,330
Joined:Feb 2008
Message Posted: Feb 18, 2013 7:52:08 PM

Need to have more than one place for the oil to go or one big storm and no gas for anyone.
Profile Pic
kd5kpd
Champion Author Texas

Posts:5,938
Points:1,938,205
Joined:Apr 2006
Message Posted: Feb 18, 2013 7:51:00 PM

Good luck!!
Profile Pic
72_Monte
Champion Author Twin Cities

Posts:10,222
Points:2,551,790
Joined:Aug 2005
Message Posted: Feb 18, 2013 7:48:05 PM


Move it while you can.
Profile Pic
jad1960
Champion Author Gary

Posts:1,648
Points:637,375
Joined:Feb 2012
Message Posted: Feb 18, 2013 7:48:05 PM

Good news.
Profile Pic
nimpy
Champion Author Indianapolis

Posts:10,264
Points:2,191,620
Joined:Oct 2007
Message Posted: Feb 18, 2013 7:40:16 PM

This is a good thing
Profile Pic
nigelb
Champion Author Virginia

Posts:10,851
Points:1,936,700
Joined:Feb 2008
Message Posted: Feb 18, 2013 7:39:15 PM

theschmuck gets my vote for the most appropriate name on here!

More pipelines to the Gulf means that Big Oil can export more product to the highest bidder overseas!
Profile Pic
f250dieselrat
All-Star Author Florida

Posts:831
Points:416,375
Joined:May 2011
Message Posted: Feb 18, 2013 7:33:20 PM

of course it will be blocked another broken promise from Obi's election
Profile Pic
Rhino8of8
Champion Author Wisconsin

Posts:2,734
Points:851,445
Joined:Jan 2012
Message Posted: Feb 18, 2013 7:30:01 PM

More and more pipelines... more and more stock... and gas prices rise.
Profile Pic
theschmuck
Champion Author Michigan

Posts:4,893
Points:1,972,570
Joined:Mar 2007
Message Posted: Feb 18, 2013 7:29:04 PM

The 'dictator' and his boys will always try to block any progress that will help the people of this country, time to remove him.
Profile Pic
Buickdriver7
Champion Author Ontario

Posts:3,313
Points:1,261,755
Joined:Jan 2011
Message Posted: Feb 18, 2013 7:27:51 PM

OK
Profile Pic
traumer
Champion Author Twin Cities

Posts:7,831
Points:1,890,050
Joined:Aug 2006
Message Posted: Feb 18, 2013 7:25:42 PM

Do it now!
Profile Pic
Ebaz
Champion Author Oklahoma City

Posts:4,820
Points:1,140,950
Joined:Apr 2011
Message Posted: Feb 18, 2013 7:23:45 PM

Patreaus should lay this pipe
Profile Pic
iamforiu
Champion Author Indiana

Posts:6,029
Points:1,266,465
Joined:May 2011
Message Posted: Feb 18, 2013 7:21:16 PM

do it
Profile Pic
pliskin
Champion Author Syracuse

Posts:7,318
Points:2,193,155
Joined:Apr 2005
Message Posted: Feb 18, 2013 7:19:13 PM

Planned, don't they mean dreams done behind Obama's back!
Profile Pic
bbreff
Champion Author Atlanta

Posts:12,258
Points:3,121,005
Joined:Jun 2005
Message Posted: Feb 18, 2013 7:19:09 PM



The problem is that there is no line from Canada to connect with the Keystone in Oklahoma.

Profile Pic
stueyAZ
Sophomore Author Phoenix

Posts:246
Points:28,135
Joined:Nov 2011
Message Posted: Feb 18, 2013 7:18:17 PM

Now thats a good thing.
Profile Pic
RQCraig
Champion Author Texas

Posts:2,905
Points:696,570
Joined:Nov 2012
Message Posted: Feb 18, 2013 7:17:36 PM

Put em in
Profile Pic
skb69sa
Champion Author San Antonio

Posts:5,685
Points:1,222,425
Joined:Mar 2011
Message Posted: Feb 18, 2013 7:17:12 PM

Ok
Profile Pic
darkknight1
Champion Author Winston-Salem

Posts:6,750
Points:1,450,760
Joined:Nov 2010
Message Posted: Feb 18, 2013 7:15:25 PM

ok
Profile Pic
Mowerman08
Champion Author Milwaukee

Posts:7,050
Points:1,748,965
Joined:Aug 2008
Message Posted: Feb 18, 2013 7:15:24 PM

build a pipe from the West to East
Profile Pic
ShabbyPA
Champion Author Pennsylvania

Posts:2,880
Points:694,865
Joined:Nov 2007
Message Posted: Feb 18, 2013 7:11:55 PM

well good
Profile Pic
Guapo29
All-Star Author Michigan

Posts:823
Points:102,710
Joined:Jan 2010
Message Posted: Feb 18, 2013 7:11:13 PM

A female land holder in Texas is holding the Keystone project hostage by not letting it cross her land. Greenie wienee !
Profile Pic
TheHermit
Champion Author Maine

Posts:3,452
Points:235,315
Joined:May 2012
Message Posted: Feb 18, 2013 7:10:45 PM

Isn't that nice and pretty on paper.
Profile Pic
rawdog1313
Champion Author Lexington

Posts:4,878
Points:2,016,670
Joined:May 2008
Message Posted: Feb 18, 2013 7:09:37 PM

Stop Oil Speculation and build more refineries!
Profile Pic
Medic55
Champion Author Columbia

Posts:2,570
Points:1,401,195
Joined:Dec 2009
Message Posted: Feb 18, 2013 7:09:27 PM

I'm not even sure 10 more refineries would cause gas prices to drop.
Profile Pic
BigDartMike
All-Star Author Ohio

Posts:654
Points:298,175
Joined:Dec 2011
Message Posted: Feb 18, 2013 7:06:37 PM

BUILD MORE REFINIERIES!
Profile Pic
Lizzylou
Champion Author Stockton

Posts:8,818
Points:2,357,285
Joined:Oct 2005
Message Posted: Feb 18, 2013 7:06:02 PM

AGREE not helping with current gas prices!
Profile Pic
papakoca
All-Star Author Texas

Posts:896
Points:1,042,700
Joined:Jun 2011
Message Posted: Feb 18, 2013 7:06:01 PM

There's more energy in moving gun control legislation than getting any pipeline approved.
Profile Pic
rf6480
Champion Author Miami

Posts:2,313
Points:993,985
Joined:Mar 2011
Message Posted: Feb 18, 2013 7:05:34 PM

hopefully this helps lower gas prices
Profile Pic
mrselfdestruct
Champion Author Arkansas

Posts:1,288
Points:201,100
Joined:Aug 2011
Message Posted: Feb 18, 2013 7:05:07 PM

Won't matter, dollar is dropping too
Profile Pic
mplato
Champion Author Columbia

Posts:10,546
Points:2,344,420
Joined:Jun 2004
Message Posted: Feb 18, 2013 7:02:13 PM

at least this creates jobs
Profile Pic
Perk08
Rookie Author Houston

Posts:1
Points:5,750
Joined:Jun 2008
Message Posted: Feb 18, 2013 7:00:43 PM

Price will go up irregardless.
Profile Pic
Hop1LA
Champion Author Baton Rouge

Posts:5,709
Points:1,727,750
Joined:Apr 2008
Message Posted: Feb 18, 2013 7:00:15 PM

Why is the oil going to the gulf? Seems like the oil is going in the wrong direction.
Profile Pic
downstream
Champion Author Little Rock

Posts:2,099
Points:1,905,030
Joined:Mar 2006
Message Posted: Feb 18, 2013 6:58:56 PM

risk goes up, prices do too.
Profile Pic
jcotaxi
Champion Author South Bend

Posts:3,297
Points:683,930
Joined:Jun 2011
Message Posted: Feb 18, 2013 6:57:39 PM

The EPA is nothing more than a joke.
Profile Pic
my97jeep
Sophomore Author Washington

Posts:230
Points:52,710
Joined:May 2006
Message Posted: Feb 18, 2013 6:56:07 PM

can't build pipelines fast enough. Push the goverment aside & build the damn things!
Profile Pic
fueldrinkerOH
All-Star Author Cincinnati

Posts:634
Points:825,690
Joined:Jun 2011
Message Posted: Feb 18, 2013 6:56:07 PM

These pipelines just bring more refined products to the world markets for trade, while adding more risk to our environment. They are doing absolutely nothing to reducing the prices we pay in America; they just make some more money. As the currencies in other countries become stronger than the U.S. Dollar, you can just expect to keep paying more.
Profile Pic
DarthDadJr
Champion Author Virginia

Posts:9,075
Points:2,010,190
Joined:Jul 2008
Message Posted: Feb 18, 2013 6:54:27 PM

Another suspect web site...
Profile Pic
vibdata
Champion Author Massachusetts

Posts:5,080
Points:1,056,230
Joined:Nov 2005
Message Posted: Feb 18, 2013 6:54:20 PM

I thought the Keystone was still up in the air. Guess it's well underway. They just go right ahead despite any possible future stoppage.
Profile Pic
ddor
Champion Author Michigan

Posts:1,415
Points:703,035
Joined:Aug 2012
Message Posted: Feb 18, 2013 6:50:29 PM

Ok
Profile Pic
rampower80
Champion Author Kentucky

Posts:4,366
Points:1,013,500
Joined:Jan 2012
Message Posted: Feb 18, 2013 6:48:49 PM

Obummer, get off your duff and quit playing golf with Tiger and get this done.
Post a reply Back to Topics