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Author Topic: Pipeline Reversal to Texas Refineries almost complete Back to Topics
slicerette

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South Bend

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Message Posted: Jan 3, 2013 2:58:00 PM

Seaway Nears Completion on Crude Pipeline Expansion

By CME Group - Thu 03 Jan 2013 10:23:01 CT
Seaway Crude Oil Pipeline Co. LLC said final work is being performed in preparation to more than double the company’s capacity to ship oil from the Cushing, Okla., storage hub to the Gulf of Mexico.

Service on the 500-mile pipeline has been suspended to complete remaining pump station connections, Seaway said in a January 3 announcement. Full operations are expected to resume by the end of next week.

The project will increase the pipeline’s capacity to about 400,000 barrels a day from 150,000 barrels a day. Last year, Seaway reversed the flow of the pipeline to ship growing amount of Canadian crude oil to the Texas Oil Refineries/
Visit CME / Chicago Mercantile Exhange for full article
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drpepperTX
Champion Author Texas

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Message Posted: Jan 5, 2013 8:50:01 PM

Actually nsdp knows full well that eminent domain does not "steal a land owner's property". Far from it. ED law is a protection against theft of land.

Always remember letmeeatcake, once you recognize it, the truth shall set you free!
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slicerette
Champion Author South Bend

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Message Posted: Jan 5, 2013 6:27:39 PM

When Enbridge replaced their heavy Canadian crude oil pipeline a mile away from my house, they replaced my neighbor's lawn, repaved our township's roads and allowed the farmers to harvest the corn growing atop the pipeline. Here in Michigan, the easement allows the use of soil atop the pipeline. And the cows get to eat the grass as the pipeline is placed four feet under. We get paid and still use the ground.
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52MPG
Champion Author Dayton

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Message Posted: Jan 5, 2013 12:52:40 AM

Could this be part of the reason there are higher oil inventories?
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Jan 4, 2013 9:45:17 PM


LOL, you nailed it Nsdp!
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nsdp
Champion Author San Antonio

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Message Posted: Jan 4, 2013 9:39:48 PM

VomVom in the US eminent domain results in a one time payment to the owner and the owner is denied effective future use of the land. Try to get paid if they come in and destroy your crop when doing repair work. I would suggest you stick to Canadian law since you know absolutely nothing about eminent domain south of the 49th parallel. It is just like a road. You may still own the ditch (and pay property taxes on it) but try and use it.

What ever you are smoking I'll have some too.
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VomVom
Champion Author Calgary

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Message Posted: Jan 4, 2013 7:56:35 PM

There are still a lot of ignorant irresponsible misinformation posted here.

1. The US is not exporting crude oil to China. Since 1975, it is illegal to export crude oil from the US. All exports must require Fed Govt approval. Presently, the US exports about 40,000 BPD to Canada due to lack of pipeline capacity.

2. Eminent domain does not "steal" land from the landowner as some idiots have suggested. It allows the pipeline company to lease an easement or pipeline right of way to bury a pipe in the landowner's property. The landowner receives an annual lease payment based on fair market value.



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slicerette
Champion Author South Bend

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Message Posted: Jan 4, 2013 7:40:24 PM

Fewer tankers of heavy Venezuelan crude are off loading to the Texas refineries. Therefore, more heavy Canadian crude is needed to replace the disappearing heavy Venezuelan crude.

The highest ranking U.S. official that tried to worry us about oil tankers to China is the Socialist U.S. Senator Bernie Sanders (I-VT).

Is he Hugo Chavez's man in the Senate?
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djgunrunner
Champion Author Salt Lake City

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Message Posted: Jan 4, 2013 4:25:58 AM

This should keep the tankers supplying China busy.
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1momsunshine
Champion Author Ottawa

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Message Posted: Jan 4, 2013 12:51:30 AM

It's good to hear this.
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nsdp
Champion Author San Antonio

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Message Posted: Jan 3, 2013 10:58:28 PM

Certainly doesn't do the the environmental damage or steal a land owner's property the way Keystone XL does.

Since we are already shipping Eagle Ford production to the East
Coast and Quebec I am not sure what there is left for Keystone.
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Lugi1967
Champion Author Ohio

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Message Posted: Jan 3, 2013 8:04:37 PM

Good to hear
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humblepie
Champion Author Toledo

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Message Posted: Jan 3, 2013 7:13:13 PM

i can hear the whiners already
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teenitup
Champion Author Houston

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Message Posted: Jan 3, 2013 6:01:38 PM

It's good to hear this.
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mastermariner
Champion Author Texas

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Message Posted: Jan 3, 2013 5:36:30 PM

Great, potentially more jobs for Texas
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bcline909
Veteran Author Virginia

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Message Posted: Jan 3, 2013 5:10:21 PM

I guess
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djwhit
Champion Author Ohio

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Message Posted: Jan 3, 2013 4:45:22 PM

THATS GREAT......
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Metrolizer
Champion Author Fort Worth

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Message Posted: Jan 3, 2013 4:31:59 PM

Greater transportation efficiency makes for greater market efficiency (raising the price of western crude).
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