Red Oak Pipeline Announced
June 21, 2019
Phillips 66 and Plains All American recently announced a new project called the Red Oak Pipeline that is intended to transport crude oil from Cushing, Oklahoma to Sealy, Texas. Enterprise Products, which operates an oil terminal in Sealy, indicated it was not involved in conversations with Phillips 66 as it relates to a Sealy connection. Initial service of the new pipeline is expected to commence as early as the first quarter of 2021.
Link: http://www.sealynews.com/stories/new-25-billion-pipeline-coming-to-sealy,81645