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Keyword: seawaypipeline
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Seaway Pipeline Fully Booked Once Reversal Begins
A pipeline that is set to begin transporting crude oil from the Midwest to refiners on the Gulf Coast later this year is already fully booked through its initial phase, a company spokesman said, the latest sign of the intense interest in moving crude trapped in the central U.S. The Seaway pipeline is set to begin transporting 150,000 barrels a day of crude from Cushing, Okla., to the Gulf Coast starting June 1, expanding to 400,000 barrels a day starting in the first quarter of 2013. Currently, the pipeline moves crude in the opposite direction toward Cushing. The pipeline is...
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