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Author	Topic: Pipeline Reversal to Texas Refineries almost complete	Post a Reply Back to Topics

slicerette Champion Author South Bend Posts:3,499 Points:538,555 Joined:Jan 2011	Message Posted: Jan 3, 2013 2:58:00 PM Ignore slicerette Report Abuse 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

slicerette

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

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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

REPLIES (newest first)Ignore Short Messages

drpepperTX Champion Author Texas Posts:8,934 Points:751,010 Joined:Apr 2011	Message Posted: Jan 5, 2013 8:50:01 PM Ignore drpepperTX Report Abuse 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!
slicerette Champion Author South Bend Posts:3,499 Points:538,555 Joined:Jan 2011	Message Posted: Jan 5, 2013 6:27:39 PM Ignore slicerette Report Abuse 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.
52MPG Champion Author Dayton Posts:7,252 Points:1,739,755 Joined:Apr 2006	Message Posted: Jan 5, 2013 12:52:40 AM Ignore 52MPG Report Abuse Could this be part of the reason there are higher oil inventories?
LetemEatCake Champion Author Oklahoma City Posts:5,596 Points:1,203,580 Joined:Mar 2008	Message Posted: Jan 4, 2013 9:45:17 PM Ignore LetemEatCake Report Abuse LOL, you nailed it Nsdp!
nsdp Champion Author San Antonio Posts:1,117 Points:47,290 Joined:Jun 2012	Message Posted: Jan 4, 2013 9:39:48 PM Ignore nsdp Report Abuse 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.
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Jan 4, 2013 7:56:35 PM Ignore VomVom Report Abuse 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.
slicerette Champion Author South Bend Posts:3,499 Points:538,555 Joined:Jan 2011	Message Posted: Jan 4, 2013 7:40:24 PM Ignore slicerette Report Abuse 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?
djgunrunner Champion Author Salt Lake City Posts:10,087 Points:2,346,655 Joined:Apr 2005	Message Posted: Jan 4, 2013 4:25:58 AM Ignore djgunrunner Report Abuse This should keep the tankers supplying China busy.
1momsunshine Champion Author Ottawa Posts:5,480 Points:998,630 Joined:Mar 2010	Message Posted: Jan 4, 2013 12:51:30 AM Ignore 1momsunshine Report Abuse It's good to hear this.
nsdp Champion Author San Antonio Posts:1,117 Points:47,290 Joined:Jun 2012	Message Posted: Jan 3, 2013 10:58:28 PM Ignore nsdp Report Abuse 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.
Lugi1967 Champion Author Ohio Posts:4,777 Points:1,000,025 Joined:Jun 2010	Message Posted: Jan 3, 2013 8:04:37 PM Ignore Lugi1967 Report Abuse Good to hear
humblepie Champion Author Toledo Posts:34,125 Points:2,369,420 Joined:Mar 2006	Message Posted: Jan 3, 2013 7:13:13 PM Ignore humblepie Report Abuse i can hear the whiners already
teenitup Champion Author Houston Posts:1,619 Points:247,985 Joined:Sep 2012	Message Posted: Jan 3, 2013 6:01:38 PM Ignore teenitup Report Abuse It's good to hear this.
mastermariner Champion Author Texas Posts:4,247 Points:493,010 Joined:Jun 2011	Message Posted: Jan 3, 2013 5:36:30 PM Ignore mastermariner Report Abuse Great, potentially more jobs for Texas
bcline909 Veteran Author Virginia Posts:401 Points:80,170 Joined:Nov 2012	Message Posted: Jan 3, 2013 5:10:21 PM Ignore bcline909 Report Abuse I guess
djwhit Champion Author Ohio Posts:2,997 Points:1,205,530 Joined:Jul 2009	Message Posted: Jan 3, 2013 4:45:22 PM Ignore djwhit Report Abuse THATS GREAT......
Metrolizer Champion Author Fort Worth Posts:2,015 Points:2,206,005 Joined:Feb 2005	Message Posted: Jan 3, 2013 4:31:59 PM Ignore Metrolizer Report Abuse Greater transportation efficiency makes for greater market efficiency (raising the price of western crude).