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Planned crude oil pipelines

econbrowser.com -- The EIA last week released a nice summary of planned additional U.S. pipeline capacity.

The reversal of the Seaway Pipeline began last May to carry 150,000 b/d of crude oil from Cushing, Oklahoma to refineries near Houston. Last month the capacity was increased to 400,000 b/d, and a second pipe twinning the first is expected to bring the total capacity up to 850,000 b/d by 2014:Q1. At the same time, TransCanada expects the Gulf Coast portion of its Keystone Project to be completed by the end of this year with the capacity to transport an additional 700,000 b/d. Six other projects are planned or under construction that would bypass Cushing and could carry an additional 355,000 bbl/d from west Texas directly to the Gulf Coast by the end of this year, with 478,000 b/d added to that in 2014.

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Submitted Feb 18, 2013 By: NOTSOGRN

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rjhenn Champion Author Des Moines Posts:22,438 Points:2,229,700 Joined:Aug 2005	Message Posted: Feb 18, 2013 9:58:12 PM Ignore rjhenn Report Abuse slicerette - "Yes, Michigan is benefitting from heavy Canadian crude being piped into the $2.2 Billion Expansion of Detroit Marathon Oil Refinery. Since opening the new addition, the size of a new refinery, the cheaper Canadian Crude is being refined into gasoline for Detroit. Since opening, the price of gas in Detroit is the lowest in the state." So why do you want to increase the price of Canadian crude by making more of it available on the world market?
slicerette Champion Author South Bend Posts:3,517 Points:540,330 Joined:Jan 2011	Message Posted: Feb 18, 2013 9:18:46 PM Ignore slicerette Report Abuse Yes, Michigan is benefitting from heavy Canadian crude being piped into the $2.2 Billion Expansion of Detroit Marathon Oil Refinery. Since opening the new addition, the size of a new refinery, the cheaper Canadian Crude is being refined into gasoline for Detroit. Since opening, the price of gas in Detroit is the lowest in the state. If all that oil is to be exported, why would big oil continue to import heavy Venezuelan crude oil that costs more? The highest ranking gov't official to claim Canadian crude will be exported is Socialist U.S. Senator Bernie Sanders (I-VT)
southrob Champion Author Tucson Posts:3,595 Points:687,200 Joined:Mar 2011	Message Posted: Feb 18, 2013 8:59:45 PM Ignore southrob Report Abuse dhan
rjhenn Champion Author Des Moines Posts:22,438 Points:2,229,700 Joined:Aug 2005	Message Posted: Feb 18, 2013 8:26:19 PM Ignore rjhenn Report Abuse There's already too much oil going to the Gulf, where it can easily be exported. We need more to go to other parts of the country, where we need it.
boldrph Champion Author Topeka Posts:18,376 Points:3,451,640 Joined:Oct 2002	Message Posted: Feb 18, 2013 7:34:10 PM Ignore boldrph Report Abuse america loves to overbuild and then collapse
gknee09 All-Star Author Philadelphia Posts:985 Points:822,890 Joined:Jul 2009	Message Posted: Feb 18, 2013 7:31:57 PM Ignore gknee09 Report Abuse yes, restrict exports
SparkieMi Champion Author Kalamazoo Posts:3,258 Points:588,325 Joined:Sep 2011	Message Posted: Feb 18, 2013 6:28:38 PM Ignore SparkieMi Report Abuse Chase58 hits the nail on the head!!!
SparkieMi Champion Author Kalamazoo Posts:3,258 Points:588,325 Joined:Sep 2011	Message Posted: Feb 18, 2013 6:26:15 PM Ignore SparkieMi Report Abuse Did I hear right that a Texas land owner was being sued by the Canadian Keystone owner to force her to let the pipeline go through her land?????
Chas58 All-Star Author Detroit Posts:966 Points:284,555 Joined:Mar 2011	Message Posted: Feb 18, 2013 6:26:06 PM Ignore Chas58 Report Abuse The way I see it, increased pipeline capacity only gives the producers a better means of getting oil to ports where it can and will be exported. If the Fed does not take control and force the reduction of exports all of this increased pipeline capacity will mean nothing to the American consumer. [Edited by: Chas58 at 2/18/2013 9:27:13 PM EST]
billy44bo Champion Author Mobile Posts:7,207 Points:1,490,870 Joined:Feb 2008	Message Posted: Feb 18, 2013 5:52:08 PM Ignore billy44bo Report Abuse Need to have more than one place for the oil to go or one big storm and no gas for anyone.
kd5kpd Champion Author Texas Posts:3,736 Points:1,416,725 Joined:Apr 2006	Message Posted: Feb 18, 2013 5:51:00 PM Ignore kd5kpd Report Abuse Good luck!!
72_Monte Champion Author Twin Cities Posts:7,770 Points:1,996,460 Joined:Aug 2005	Message Posted: Feb 18, 2013 5:48:05 PM Ignore 72_Monte Report Abuse Move it while you can.
jad1960 Champion Author Gary Posts:1,540 Points:402,450 Joined:Feb 2012	Message Posted: Feb 18, 2013 5:48:05 PM Ignore jad1960 Report Abuse Good news.
nimpy Champion Author Indianapolis Posts:8,135 Points:1,701,105 Joined:Oct 2007	Message Posted: Feb 18, 2013 5:40:16 PM Ignore nimpy Report Abuse This is a good thing
nigelb Champion Author Virginia Posts:8,454 Points:1,390,780 Joined:Feb 2008	Message Posted: Feb 18, 2013 5:39:15 PM Ignore nigelb Report Abuse theschmuck gets my vote for the most appropriate name on here! More pipelines to the Gulf means that Big Oil can export more product to the highest bidder overseas!
f250dieselrat All-Star Author Florida Posts:671 Points:288,395 Joined:May 2011	Message Posted: Feb 18, 2013 5:33:20 PM Ignore f250dieselrat Report Abuse of course it will be blocked another broken promise from Obi's election
Rhino8of8 Champion Author Wisconsin Posts:1,245 Points:374,390 Joined:Jan 2012	Message Posted: Feb 18, 2013 5:30:01 PM Ignore Rhino8of8 Report Abuse More and more pipelines... more and more stock... and gas prices rise.
theschmuck Champion Author Michigan Posts:2,917 Points:1,511,625 Joined:Mar 2007	Message Posted: Feb 18, 2013 5:29:04 PM Ignore theschmuck Report Abuse The 'dictator' and his boys will always try to block any progress that will help the people of this country, time to remove him.
Buickdriver7 All-Star Author Ontario Posts:992 Points:731,235 Joined:Jan 2011	Message Posted: Feb 18, 2013 5:27:51 PM Ignore Buickdriver7 Report Abuse OK
traumer Champion Author Twin Cities Posts:5,374 Points:1,338,450 Joined:Aug 2006	Message Posted: Feb 18, 2013 5:25:42 PM Ignore traumer Report Abuse Do it now!
Ebaz Champion Author Oklahoma City Posts:3,246 Points:715,310 Joined:Apr 2011	Message Posted: Feb 18, 2013 5:23:45 PM Ignore Ebaz Report Abuse Patreaus should lay this pipe
iamforiu Champion Author Indiana Posts:3,570 Points:710,665 Joined:May 2011	Message Posted: Feb 18, 2013 5:21:16 PM Ignore iamforiu Report Abuse do it
pliskin Champion Author Syracuse Posts:6,082 Points:1,731,920 Joined:Apr 2005	Message Posted: Feb 18, 2013 5:19:13 PM Ignore pliskin Report Abuse Planned, don't they mean dreams done behind Obama's back!
bbreff Champion Author Atlanta Posts:9,848 Points:2,568,415 Joined:Jun 2005	Message Posted: Feb 18, 2013 5:19:09 PM Ignore bbreff Report Abuse The problem is that there is no line from Canada to connect with the Keystone in Oklahoma.
stueyAZ Sophomore Author Phoenix Posts:214 Points:23,870 Joined:Nov 2011	Message Posted: Feb 18, 2013 5:18:17 PM Ignore stueyAZ Report Abuse Now thats a good thing.
RQCraig All-Star Author Texas Posts:565 Points:152,600 Joined:Nov 2012	Message Posted: Feb 18, 2013 5:17:36 PM Ignore RQCraig Report Abuse Put em in
skb69sa Champion Author San Antonio Posts:3,482 Points:711,150 Joined:Mar 2011	Message Posted: Feb 18, 2013 5:17:12 PM Ignore skb69sa Report Abuse Ok
darkknight1 Champion Author Winston-Salem Posts:4,335 Points:895,835 Joined:Nov 2010	Message Posted: Feb 18, 2013 5:15:25 PM Ignore darkknight1 Report Abuse ok
Mowerman08 Champion Author Milwaukee Posts:4,755 Points:1,217,770 Joined:Aug 2008	Message Posted: Feb 18, 2013 5:15:24 PM Ignore Mowerman08 Report Abuse build a pipe from the West to East
ShabbyPA Champion Author Pennsylvania Posts:2,815 Points:680,490 Joined:Nov 2007	Message Posted: Feb 18, 2013 5:11:55 PM Ignore ShabbyPA Report Abuse well good
Guapo29 All-Star Author Michigan Posts:606 Points:78,020 Joined:Jan 2010	Message Posted: Feb 18, 2013 5:11:13 PM Ignore Guapo29 Report Abuse A female land holder in Texas is holding the Keystone project hostage by not letting it cross her land. Greenie wienee !
TheHermit Champion Author Maine Posts:3,404 Points:127,780 Joined:May 2012	Message Posted: Feb 18, 2013 5:10:45 PM Ignore TheHermit Report Abuse Isn't that nice and pretty on paper.
rawdog1313 Champion Author Lexington Posts:3,299 Points:1,642,805 Joined:May 2008	Message Posted: Feb 18, 2013 5:09:37 PM Ignore rawdog1313 Report Abuse Stop Oil Speculation and build more refineries!
Medic55 Veteran Author Columbia Posts:454 Points:912,200 Joined:Dec 2009	Message Posted: Feb 18, 2013 5:09:27 PM Ignore Medic55 Report Abuse I'm not even sure 10 more refineries would cause gas prices to drop.
BigDartMike All-Star Author Ohio Posts:578 Points:117,475 Joined:Dec 2011	Message Posted: Feb 18, 2013 5:06:37 PM Ignore BigDartMike Report Abuse BUILD MORE REFINIERIES!
Lizzylou Champion Author Stockton Posts:8,818 Points:2,357,285 Joined:Oct 2005	Message Posted: Feb 18, 2013 5:06:02 PM Ignore Lizzylou Report Abuse AGREE not helping with current gas prices!
papakoca All-Star Author Texas Posts:649 Points:530,535 Joined:Jun 2011	Message Posted: Feb 18, 2013 5:06:01 PM Ignore papakoca Report Abuse There's more energy in moving gun control legislation than getting any pipeline approved.
rf6480 Champion Author Miami Posts:1,534 Points:547,805 Joined:Mar 2011	Message Posted: Feb 18, 2013 5:05:34 PM Ignore rf6480 Report Abuse hopefully this helps lower gas prices
mrselfdestruct All-Star Author Arkansas Posts:992 Points:167,400 Joined:Aug 2011	Message Posted: Feb 18, 2013 5:05:07 PM Ignore mrselfdestruct Report Abuse Won't matter, dollar is dropping too
mplato Champion Author Columbia Posts:8,249 Points:1,815,270 Joined:Jun 2004	Message Posted: Feb 18, 2013 5:02:13 PM Ignore mplato Report Abuse at least this creates jobs
Perk08 Rookie Author Houston Posts:1 Points:5,750 Joined:Jun 2008	Message Posted: Feb 18, 2013 5:00:43 PM Ignore Perk08 Report Abuse Price will go up irregardless.
Hop1LA Champion Author Baton Rouge Posts:3,312 Points:1,176,455 Joined:Apr 2008	Message Posted: Feb 18, 2013 5:00:15 PM Ignore Hop1LA Report Abuse Why is the oil going to the gulf? Seems like the oil is going in the wrong direction.
downstream Champion Author Little Rock Posts:1,109 Points:1,392,065 Joined:Mar 2006	Message Posted: Feb 18, 2013 4:58:56 PM Ignore downstream Report Abuse risk goes up, prices do too.
jcotaxi Champion Author South Bend Posts:1,755 Points:359,105 Joined:Jun 2011	Message Posted: Feb 18, 2013 4:57:39 PM Ignore jcotaxi Report Abuse The EPA is nothing more than a joke.
my97jeep Sophomore Author Washington Posts:120 Points:32,455 Joined:May 2006	Message Posted: Feb 18, 2013 4:56:07 PM Ignore my97jeep Report Abuse can't build pipelines fast enough. Push the goverment aside & build the damn things!
fueldrinkerOH All-Star Author Cincinnati Posts:608 Points:509,720 Joined:Jun 2011	Message Posted: Feb 18, 2013 4:56:07 PM Ignore fueldrinkerOH Report Abuse These pipelines just bring more refined products to the world markets for trade, while adding more risk to our environment. They are doing absolutely nothing to reducing the prices we pay in America; they just make some more money. As the currencies in other countries become stronger than the U.S. Dollar, you can just expect to keep paying more.
DarthDadJr Champion Author Virginia Posts:7,312 Points:1,521,420 Joined:Jul 2008	Message Posted: Feb 18, 2013 4:54:27 PM Ignore DarthDadJr Report Abuse Another suspect web site...
vibdata Champion Author Massachusetts Posts:4,085 Points:848,325 Joined:Nov 2005	Message Posted: Feb 18, 2013 4:54:20 PM Ignore vibdata Report Abuse I thought the Keystone was still up in the air. Guess it's well underway. They just go right ahead despite any possible future stoppage.
ddor All-Star Author Michigan Posts:976 Points:238,595 Joined:Aug 2012	Message Posted: Feb 18, 2013 4:50:29 PM Ignore ddor Report Abuse Ok
rampower80 Champion Author Kentucky Posts:2,039 Points:461,690 Joined:Jan 2012	Message Posted: Feb 18, 2013 4:48:49 PM Ignore rampower80 Report Abuse Obummer, get off your duff and quit playing golf with Tiger and get this done.