Archives for 2019
Pipeline additions boost Permian Basin prices
Permian Basin crude prices have been depressed for months because there aren’t enough pipelines to take all the West Texas crude away to the Gulf Coast. But now some of those pipeline constraints are easing...
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Bigger crude oil inventories build offset by gasoline draw
The nation’s commercial crude oil stockpiles rose by greater volumes than expected, but the spike was offset by a nearly equal draw of refined gasoline inventories. Source: FuelFix
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PHMSA gives Rio Grande LNG green light in project review
The Pipeline and Hazardous Materials Safety Administration has given Rio Grande LNG the green light in its review of the proposed $15 billion liquefied natural gas export terminal. Source: FuelFix
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Tainted U.S. shale oil is being turned away by Asian buyers
The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top oil producer is causing a headache for some crude buyers. Source: FuelFix
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Houston channel importance swelled as oil, gas exports rose
On a normal day, 42 tankers, 19 freighters, 391 barges, 128 ferries and 2 cruise ships will move through the Houston Ship Channel. On any given day, one of those tankers may be as long...
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