Enterprise Products and Energy Transfer to form JV for crude oil pipeline from Cushing to Houston
Green Car Congress
APRIL 27, 2011
Enterprise Products Partners L.P. have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston, Texas. Over the past three months, Cushing crude oil (West Texas Intermediate) has been trading at an average discount of approximately $12.57
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