Enterprise Products and Energy Transfer to form JV for crude oil pipeline from Cushing to Houston
Green Car Congress
APRIL 27, 2011
have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston, Texas. These supplies are accumulating in Cushing, which lacks southbound pipeline capacity to the largest US crude oil market on the Gulf Coast with more than two million barrels per day of refining capacity.
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