Duo Unveil Cushing-to-Gulf Crude Pipeline Plans

摘要

The race to build a pipeline moving crudeoil from Cushing, Oklahoma, to refineries onthe US Gulf Coast heated up last week, withEnbridge and Enterprise Product Partnersunveiling plans for their Wrangler pipeline— at 800,000 barrels per day, the biggestproposed to date.Enterprise will operate the line, which isdesigned to ease the bottlenecks at Cushing— the delivery point for the Nymex light,sweet crude contract — that are stopping in-coming supplies from leaving the area andputting pressure on prices. The partners planto have it up and running by mid-2013.