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GasBuddy News Article

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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.


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

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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?
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slicerette
Champion Author South Bend

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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)
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southrob
Champion Author Tucson

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Message Posted: Feb 18, 2013 10:59:45 PM

dhan
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rjhenn
Champion Author Des Moines

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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.
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boldrph
Champion Author Topeka

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Message Posted: Feb 18, 2013 9:34:10 PM

america loves to overbuild and then collapse
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gknee09
All-Star Author Philadelphia

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Message Posted: Feb 18, 2013 9:31:57 PM

yes, restrict exports
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Feb 18, 2013 8:28:38 PM

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

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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?????
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Chas58
All-Star Author Detroit

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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]
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billy44bo
Champion Author Mobile

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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.
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kd5kpd
Champion Author Texas

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Message Posted: Feb 18, 2013 7:51:00 PM

Good luck!!
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72_Monte
Champion Author Twin Cities

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Message Posted: Feb 18, 2013 7:48:05 PM


Move it while you can.
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jad1960
Champion Author Gary

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Message Posted: Feb 18, 2013 7:48:05 PM

Good news.
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nimpy
Champion Author Indianapolis

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Message Posted: Feb 18, 2013 7:40:16 PM

This is a good thing
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nigelb
Champion Author Virginia

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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!
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f250dieselrat
All-Star Author Florida

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Message Posted: Feb 18, 2013 7:33:20 PM

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

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Message Posted: Feb 18, 2013 7:30:01 PM

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

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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.
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Buickdriver7
All-Star Author Ontario

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Message Posted: Feb 18, 2013 7:27:51 PM

OK
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traumer
Champion Author Twin Cities

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Message Posted: Feb 18, 2013 7:25:42 PM

Do it now!
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Ebaz
Champion Author Oklahoma City

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Message Posted: Feb 18, 2013 7:23:45 PM

Patreaus should lay this pipe
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iamforiu
Champion Author Indiana

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Message Posted: Feb 18, 2013 7:21:16 PM

do it
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pliskin
Champion Author Syracuse

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Message Posted: Feb 18, 2013 7:19:13 PM

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

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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.

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stueyAZ
Sophomore Author Phoenix

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Message Posted: Feb 18, 2013 7:18:17 PM

Now thats a good thing.
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RQCraig
All-Star Author Texas

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Message Posted: Feb 18, 2013 7:17:36 PM

Put em in
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skb69sa
Champion Author San Antonio

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Message Posted: Feb 18, 2013 7:17:12 PM

Ok
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darkknight1
Champion Author Winston-Salem

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Message Posted: Feb 18, 2013 7:15:25 PM

ok
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Mowerman08
Champion Author Milwaukee

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Message Posted: Feb 18, 2013 7:15:24 PM

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

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Message Posted: Feb 18, 2013 7:11:55 PM

well good
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Guapo29
All-Star Author Michigan

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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 !
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TheHermit
Champion Author Maine

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Message Posted: Feb 18, 2013 7:10:45 PM

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

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Message Posted: Feb 18, 2013 7:09:37 PM

Stop Oil Speculation and build more refineries!
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Medic55
Veteran Author Columbia

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Message Posted: Feb 18, 2013 7:09:27 PM

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

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Message Posted: Feb 18, 2013 7:06:37 PM

BUILD MORE REFINIERIES!
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Lizzylou
Champion Author Stockton

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Message Posted: Feb 18, 2013 7:06:02 PM

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

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Message Posted: Feb 18, 2013 7:06:01 PM

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

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Message Posted: Feb 18, 2013 7:05:34 PM

hopefully this helps lower gas prices
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mrselfdestruct
All-Star Author Arkansas

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Message Posted: Feb 18, 2013 7:05:07 PM

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

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Message Posted: Feb 18, 2013 7:02:13 PM

at least this creates jobs
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Perk08
Rookie Author Houston

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Message Posted: Feb 18, 2013 7:00:43 PM

Price will go up irregardless.
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Hop1LA
Champion Author Baton Rouge

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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.
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downstream
Champion Author Little Rock

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Message Posted: Feb 18, 2013 6:58:56 PM

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

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Message Posted: Feb 18, 2013 6:57:39 PM

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

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Message Posted: Feb 18, 2013 6:56:07 PM

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

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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.
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DarthDadJr
Champion Author Virginia

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Message Posted: Feb 18, 2013 6:54:27 PM

Another suspect web site...
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vibdata
Champion Author Massachusetts

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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.
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ddor
All-Star Author Michigan

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Message Posted: Feb 18, 2013 6:50:29 PM

Ok
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rampower80
Champion Author Kentucky

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Message Posted: Feb 18, 2013 6:48:49 PM

Obummer, get off your duff and quit playing golf with Tiger and get this done.
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