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November 13, 2018

Energy Transfer, Magellan Midstream, and Delek US Holdings have announced they received sufficient commitments to proceed with plans to construct a 30” pipeline to transport crude oil from the Permian Basin to the Texas Gulf Coast.  The 600 mile pipeline system is expected to be operational in mid-2020, with multiple Texas origins.

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November 13, 2018

Phillips 66 announced it is working on plans for two oil pipeline systems that would stretch from North Dakota and Oklahoma to the Texas Gulf Coast.  One line, capable of shipping 350,000 barrels of crude oil a day, would transport oil from the Bakken Shale to Corpus Christi.  The other line, the Red Oak capable of shipping 400,000 barrels of crude oil a day, would run from Cushing, Oklahoma to Houston, Beaumont and Corpus Christi.  Both pipelines are expected to be operational in late 2020.

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November 13, 2018

Energy Transfer announced last week that it will be expanding its Lone Star Express NGL pipeline system by adding a new 352 mile pipeline from the Permian Basin to the Fort Worth area.  The existing pipeline network already extends to Mont Belvieu, near Houston.  The project is expected to be completed by the end of 2020.

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November 13, 2018

A federal judge has halted construction on the controversial Keystone XL pipeline.  The judge said in an opinion that the government failed to present a “reasoned explanation” for allowing the project to proceed and “simply discarded” the effect the project would have on climate change.  The 1,179 mile pipeline that would carry 800,000 barrels of oil per day is on hold following the court’s ruling.

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