Tag: Cushing

Enbridge Energy cleans up 2,500-barrel crude leak at Cushing terminal

Oil leaked from a trunk line connected to a tank on the property, then flowed outside of a berm into a containment pond, according to a National Response Center filing.  More »
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Seaway pipeline starts lottery to dissuade speculators

In April, companies asked to move 70 million barrels a day on the Seaway pipeline, said Enterprise, the pipeline’s owner. That’s almost 10 times the daily U.S. oil production of 7.21 million barrels.  More »

Crude stockpiles surge to 22-year high

U.S. crude oil inventories climbed to the highest level in more than 22 years last week as production surged and refineries wrapped up annual maintenance programs, a Bloomberg survey showed.  More »

New refineries would ease crude storage problem, expert says

While many are calling for more pipelines to move the crude glut at the Cushing, Okla. storage hub, the long-term solution will be to build new refineries, according to experts at the SMU Maguire Energy Institute.  More »

Southern segment of Keystone XL is halfway finished

While the debate continues over whether the United States will approve a proposed oil conduit from Canada to the Gulf Coast, the segment from Cushing, Okla., to the Texas Gulf Coast is halfway toward completion and could be transporting oil by the end of the year.  More »

Canadian crude rolling into Gulf Coast refineries

A competitor pipeline to Keystone XL already is funneling oil sands crude to Texas refineries at a rate of 100,000 barrels per day, despite environmentalists’ attempts to block the southward flow of the Canadian oil.  More »

Oil supplies surging, but so is the price

Oil production in the United States has surged and use of petroleum products has fallen. In theory, those factors should have pushed the price of crude down. Instead, it’s gone up.  More »

Seaway Pipeline capacity cut by ‘unforeseen constraints’

Enterprise Products Partners LP told shippers today that capacity was limited on its expanded Seaway Pipeline due to “unforeseen constraints in outbound takeaway” at the Jones Creek terminal.  More »

Pipeline expansion from Cushing to Gulf almost complete

Work to more than double the capacity of a pipeline carrying crude oil from Cushing, Okla., to the Gulf Coast should be completed by the end of next week.  More »

Enbridge plans oil pipeline from Bakken to avoid Cushing

ubbed “Sandpiper,” the line would carry as much as 200,000 barrels a day from the booming Bakken formation in North Dakota to Superior, Wisconsin, and eventually to refineries in eastern Canada, Stephen Wuori, the head of the company’s liquids pipelines business, said at an investor conference in Toronto.  More »

Report: Shale boom revamping U.S. refining industry

A Hart Energy study concludes that refiners with access to U.S. shale oil and other unconventional crudes will realize larger margins, leading to higher utilization and new construction.  More »

Cushing-to-Gulf Coast pipeline reversal completed

Owners of the Seaway project said the pipeline will begin carrying up to 150,000 barrels of crude per day to the Gulf Coast refining market this weekend.  More »
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