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Seaway oil pipeline reversal expected soon

UPI -- Reversing the Seaway crude oil pipeline from Oklahoma to Texas should be completed within the next two weeks, a company spokesman said.

Enterprise Products Partners and Canadian pipeline company Enbridge Inc. in November agreed to reverse the direction of crude oil on the Seaway pipeline so it can carry oil from the trading hub in Cushing, Okla., to refineries along the southern coast of the United States.

Enterprise, during its first quarter earnings release, said reversal was scheduled "as early as May 17," the Platts news service reports.

Both companies said development plans for Seaway could double the pipeline's capacity to 850,000 barrels per day by mid-2014.

Reversing crude oil deliveries on the 512-mile pipeline could reduce transportation costs and accelerate development ...

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Submitted May 03, 2012 By: BurntOrange

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NHLiveFree Champion Author New Hampshire Posts:11,105 Points:1,624,380 Joined:Jun 2008	Message Posted: May 3, 2012 10:54:30 PM Ignore NHLiveFree Report Abuse And we know you can hardly wait for the resultant price increase in your area when that happens LetemEatCake!
LetemEatCake Champion Author Oklahoma City Posts:5,609 Points:1,206,580 Joined:Mar 2008	Message Posted: May 3, 2012 7:00:51 PM Ignore LetemEatCake Report Abuse Definitely will save storage costs for Oil at Cushing.
Hamish Champion Author Ontario Posts:21,918 Points:2,320,920 Joined:May 2003	Message Posted: May 3, 2012 1:03:17 PM Ignore Hamish Report Abuse Good news for a change
MontanaMac Champion Author Washington Posts:1,736 Points:410,050 Joined:May 2011	Message Posted: May 3, 2012 9:52:51 AM Ignore MontanaMac Report Abuse Common sense and some ingenuity prevails.
67CTD All-Star Author Tucson Posts:555 Points:144,130 Joined:Sep 2011	Message Posted: May 3, 2012 9:37:52 AM Ignore 67CTD Report Abuse good
coughlin Champion Author San Jose Posts:5,190 Points:1,119,590 Joined:Sep 2009	Message Posted: May 3, 2012 9:33:10 AM Ignore coughlin Report Abuse Glad to read it.
BUSMAN1105 Champion Author Atlanta Posts:2,164 Points:1,171,935 Joined:Aug 2008	Message Posted: May 3, 2012 9:33:05 AM Ignore BUSMAN1105 Report Abuse I HOPE IT HELPS OUR GASOLINE PRICES.
fuel2use Champion Author Seattle Posts:3,493 Points:734,300 Joined:Dec 2010	Message Posted: May 3, 2012 9:21:46 AM Ignore fuel2use Report Abuse Good to know.
bruin19MD Champion Author Maryland Posts:1,064 Points:164,450 Joined:Feb 2011	Message Posted: May 3, 2012 9:02:45 AM Ignore bruin19MD Report Abuse not sure what to think
Xavier80 Champion Author Victoria Posts:1,783 Points:379,415 Joined:Apr 2012	Message Posted: May 3, 2012 8:59:21 AM Ignore Xavier80 Report Abuse That's good
drpepperTX Champion Author Texas Posts:8,950 Points:753,185 Joined:Apr 2011	Message Posted: May 3, 2012 8:34:21 AM Ignore drpepperTX Report Abuse Bring it! And get the Keystone XL and others going as well.
imcheep Champion Author New Mexico Posts:2,502 Points:651,780 Joined:Apr 2005	Message Posted: May 3, 2012 8:33:50 AM Ignore imcheep Report Abuse OK
wildddkattt80 Champion Author Phoenix Posts:2,143 Points:432,145 Joined:Jun 2011	Message Posted: May 3, 2012 8:23:46 AM Ignore wildddkattt80 Report Abuse Ok
tarheelcoastie Champion Author Greensboro Posts:5,206 Points:1,113,105 Joined:Jan 2009	Message Posted: May 3, 2012 8:07:22 AM Ignore tarheelcoastie Report Abuse hmmm ...
grandpadon28110 Champion Author Charlotte Posts:4,726 Points:1,144,260 Joined:Sep 2008	Message Posted: May 3, 2012 7:55:01 AM Ignore grandpadon28110 Report Abuse Go.