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Seaway Pipeline Expansion on Track For 2013

Fox Business / Dow Jones Newswires -- Enbridge Inc. (ENB) and Enterprise Products Partners LP (EPD) said Tuesday they are on schedule to expand the amount of Midwestern crude oil they send to Gulf Coast refiners via their Seaway pipeline.
"Construction of the pump stations will be complete sometime this year or early next year," Enbridge spokesman Larry Springer said. "However, we don't expect that volumes will ramp up to the full capacity until sometime during the first quarter."
Work on the 500-mile pipeline's pump stations should be done by the end of this year but could slip into next year, Springer said. After the work is complete, the amount of oil shipped along Seaway would slowly ramp up from its current 150,000-barrels-a-day capacity as shippers sign on. The companies plan to build an additional line running parallel

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Submitted Jun 20, 2012 By: drpepperTX

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rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 24, 2012 7:44:58 PM Ignore rjhenn Report Abuse We'll see. That would certainly help the economy.
drpepperTX Champion Author Texas Posts:9,159 Points:778,875 Joined:Apr 2011	Message Posted: Jun 24, 2012 4:51:31 PM Ignore drpepperTX Report Abuse With futures (price of gas 3-4 weeks ahead) indicating prices will be below $3 my statement holds true.
rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 24, 2012 4:33:40 PM Ignore rjhenn Report Abuse Go back to 2009, when oil was in the $80 range and gas was under $3.
drpepperTX Champion Author Texas Posts:9,159 Points:778,875 Joined:Apr 2011	Message Posted: Jun 24, 2012 10:20:10 AM Ignore drpepperTX Report Abuse Hmmm. Avg ppg in Texas In April 2012 over $3.80. Avg price in Texas today $3.23. A 16+% drop. Oil has dropped 19% in that same time period.
honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Jun 24, 2012 7:45:31 AM Ignore honda0105 Report Abuse rj: some drop in gas prices in the US is due to global recession, but it's not a global drop in prices at the pump.
rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 23, 2012 11:52:41 PM Ignore rjhenn Report Abuse Oil prices, perhaps. But oil is still a world market. Where is the fall in gasoline prices to match the fall in oil prices?
drpepperTX Champion Author Texas Posts:9,159 Points:778,875 Joined:Apr 2011	Message Posted: Jun 23, 2012 7:44:14 PM Ignore drpepperTX Report Abuse US increased production (increased supply and less imported at Brent prices) has certainly been part of the reason oil prices have declined. There's no doubt about that.
sydb7 Champion Author Atlanta Posts:3,657 Points:1,941,890 Joined:Mar 2003	Message Posted: Jun 23, 2012 1:11:44 PM Ignore sydb7 Report Abuse For export only?
rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 22, 2012 6:26:22 PM Ignore rjhenn Report Abuse Which is a result of the fall in world oil prices, not anything to do with domestic production.
drpepperTX Champion Author Texas Posts:9,159 Points:778,875 Joined:Apr 2011	Message Posted: Jun 22, 2012 5:07:23 PM Ignore drpepperTX Report Abuse rjhenn, interesting statement considering the last few weeks of falling gas prices.
rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 22, 2012 4:54:05 PM Ignore rjhenn Report Abuse drpepperTX - "Good, someone has done some actual research. And futher research will reveal that the vast majority exported distillates are refined from imported crude oils. Domestic crude and refined product from that crude stays mostly within the US." Which doesn't seem to have any effect on domestic prices.
drpepperTX Champion Author Texas Posts:9,159 Points:778,875 Joined:Apr 2011	Message Posted: Jun 22, 2012 8:05:02 AM Ignore drpepperTX Report Abuse Good, someone has done some actual research. And futher research will reveal that the vast majority exported distillates are refined from imported crude oils. Domestic crude and refined product from that crude stays mostly within the US. [Edited by: drpepperTX at 6/22/2012 9:06:01 AM EST]
rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 21, 2012 10:35:10 PM Ignore rjhenn Report Abuse Which generally do not apply to export of refined products. "At present, petroleum products (e.g., gasoline, kerosene, distillates, propane or butane gas, diesel fuel and residual fuel oil) refined within the United States are not subject to short supply export controls, with one exception. If the refined products were produced or derived from crude oil obtained from the Naval Petroleum Reserve (NPR) or became available as a result of an exchange of any NPR produced or derived commodities, a license is required to all destinations including Canada." Testimony of Honorable R. Roger Majak, Assistant Secretary of Commerce for Export Administration [Edited by: rjhenn at 6/21/2012 11:36:05 PM EST]
xiaomian Rookie Author San Francisco Posts:27 Points:6,040 Joined:Jun 2012	Message Posted: Jun 21, 2012 7:07:55 PM Ignore xiaomian Report Abuse Thank you for posting.
drpepperTX Champion Author Texas Posts:9,159 Points:778,875 Joined:Apr 2011	Message Posted: Jun 21, 2012 12:25:25 PM Ignore drpepperTX Report Abuse "Just more oil for the oil companies to export." =========================== Nope. Funny how some have no understanding of the strict export laws and restrictions on domestic oil exports.
sparky808 Champion Author Honolulu Posts:3,139 Points:624,685 Joined:Sep 2011	Message Posted: Jun 21, 2012 12:20:17 PM Ignore sparky808 Report Abuse Thank you for posting.
dlemma Champion Author Wyoming Posts:4,246 Points:1,582,720 Joined:Feb 2008	Message Posted: Jun 21, 2012 3:49:15 AM Ignore dlemma Report Abuse get the keystone moving!
rjhenn Champion Author Des Moines Posts:22,605 Points:2,256,100 Joined:Aug 2005	Message Posted: Jun 20, 2012 11:40:12 PM Ignore rjhenn Report Abuse Just more oil for the oil companies to export.
kgbellman Champion Author Ann Arbor Posts:2,854 Points:759,540 Joined:Mar 2011	Message Posted: Jun 20, 2012 11:24:38 PM Ignore kgbellman Report Abuse Let's see if still on track once to gets further along in the process
chuckhermann Champion Author New York Posts:1,022 Points:520,750 Joined:Jun 2011	Message Posted: Jun 20, 2012 11:11:09 PM Ignore chuckhermann Report Abuse Still sounds like construction delays could push out the date when it can start to be used.
rahcat Champion Author Grand Rapids Posts:2,681 Points:689,900 Joined:Jan 2010	Message Posted: Jun 20, 2012 11:08:27 PM Ignore rahcat Report Abuse Just wait until OBAMA and the EPA get a whiff of this.
regout Champion Author Quebec Posts:3,095 Points:860,405 Joined:May 2010	Message Posted: Jun 20, 2012 11:07:30 PM Ignore regout Report Abuse Well, at last a good news.
joel27nc Champion Author Raleigh Posts:10,677 Points:1,886,070 Joined:Mar 2008	Message Posted: Jun 20, 2012 11:03:16 PM Ignore joel27nc Report Abuse Good news.
96sc1 Champion Author El Paso Posts:8,517 Points:1,367,440 Joined:Mar 2008	Message Posted: Jun 20, 2012 11:03:10 PM Ignore 96sc1 Report Abuse Justt another successful pipeline
souly Champion Author Montreal Posts:1,904 Points:459,095 Joined:Jun 2010	Message Posted: Jun 20, 2012 11:02:44 PM Ignore souly Report Abuse good
visitor_2 Champion Author Orlando Posts:1,653 Points:1,656,825 Joined:Aug 2006	Message Posted: Jun 20, 2012 11:02:29 PM Ignore visitor_2 Report Abuse excellent
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: Jun 20, 2012 11:00:07 PM Ignore abcdMA Report Abuse great
csblesson Champion Author Texas Posts:1,926 Points:378,725 Joined:May 2012	Message Posted: Jun 20, 2012 10:56:07 PM Ignore csblesson Report Abuse Fantastic
letterchunker Champion Author Texas Posts:2,335 Points:683,150 Joined:Aug 2008	Message Posted: Jun 20, 2012 10:55:07 PM Ignore letterchunker Report Abuse Good deal
Z51Corvette Champion Author Austin Posts:8,608 Points:1,697,410 Joined:Jan 2008	Message Posted: Jun 20, 2012 10:55:07 PM Ignore Z51Corvette Report Abuse Let's get it done... time's a wasting! Two letter responses are Lame excuses for points... Use the brain God gave you!
indrix All-Star Author Toronto Posts:597 Points:162,815 Joined:Sep 2011	Message Posted: Jun 20, 2012 10:53:07 PM Ignore indrix Report Abuse Ok
jessek Champion Author Detroit Posts:2,657 Points:1,280,490 Joined:Sep 2008	Message Posted: Jun 20, 2012 10:50:05 PM Ignore jessek Report Abuse Sounds good.
69Bonne Champion Author Gary Posts:1,256 Points:493,350 Joined:Sep 2005	Message Posted: Jun 20, 2012 10:49:58 PM Ignore 69Bonne Report Abuse Good! And let's keep it here in the U.S.
baconnie Champion Author Dallas Posts:2,797 Points:563,210 Joined:Jun 2008	Message Posted: Jun 20, 2012 10:46:04 PM Ignore baconnie Report Abuse k
carpenter4u Champion Author Virginia Posts:2,476 Points:638,020 Joined:Jul 2011	Message Posted: Jun 20, 2012 10:45:57 PM Ignore carpenter4u Report Abuse How did Obama miss this one
kusanagisama All-Star Author Texas Posts:708 Points:191,725 Joined:Feb 2011	Message Posted: Jun 20, 2012 10:44:41 PM Ignore kusanagisama Report Abuse Ok
Dodge_Me Champion Author Atlanta Posts:2,214 Points:576,480 Joined:Mar 2006	Message Posted: Jun 20, 2012 10:44:17 PM Ignore Dodge_Me Report Abuse Okay
DrLyon Champion Author Michigan Posts:6,764 Points:1,238,390 Joined:May 2006	Message Posted: Jun 20, 2012 10:43:12 PM Ignore DrLyon Report Abuse Go...
mrbee Champion Author Little Rock Posts:3,894 Points:2,493,380 Joined:Oct 2005	Message Posted: Jun 20, 2012 10:42:26 PM Ignore mrbee Report Abuse Glad to hear this.
kgbellman Champion Author Ann Arbor Posts:2,854 Points:759,540 Joined:Mar 2011	Message Posted: Jun 20, 2012 10:40:40 PM Ignore kgbellman Report Abuse Let's see if still on track once to gets furtheralong in the process
suzmar Champion Author Texas Posts:2,223 Points:896,185 Joined:Jun 2006	Message Posted: Jun 20, 2012 10:40:20 PM Ignore suzmar Report Abuse Good, now they need to get going on the Keystone XL.
SpankyMI Champion Author Kalamazoo Posts:2,831 Points:784,615 Joined:Jan 2011	Message Posted: Jun 20, 2012 10:39:43 PM Ignore SpankyMI Report Abuse Good news.
PizzaMon Champion Author Philadelphia Posts:5,134 Points:1,885,580 Joined:Jun 2006	Message Posted: Jun 20, 2012 10:39:28 PM Ignore PizzaMon Report Abuse At least one pipeline will be done on time.
WIPACKERFAN Champion Author Chicago Posts:8,944 Points:1,871,150 Joined:Aug 2005	Message Posted: Jun 20, 2012 10:39:15 PM Ignore WIPACKERFAN Report Abuse Good for them.
CapNC Veteran Author North Carolina Posts:398 Points:377,980 Joined:Jul 2011	Message Posted: Jun 20, 2012 10:37:38 PM Ignore CapNC Report Abuse we will see
Bleeder Champion Author Virginia Posts:8,038 Points:1,717,725 Joined:Jan 2008	Message Posted: Jun 20, 2012 10:36:20 PM Ignore Bleeder Report Abuse Hard to believe something is on track these days.
DEG Champion Author Las Vegas Posts:17,745 Points:3,519,480 Joined:Jul 2003	Message Posted: Jun 20, 2012 10:35:21 PM Ignore DEG Report Abuse Good to hear that this pipeline is proceeding.
sammy518 Champion Author Austin Posts:2,589 Points:539,790 Joined:Dec 2010	Message Posted: Jun 20, 2012 10:35:05 PM Ignore sammy518 Report Abuse sounds like another a big destructive oil spill waiting to happen
yuga1 Champion Author Albany Posts:2,740 Points:1,075,500 Joined:Aug 2003	Message Posted: Jun 20, 2012 10:32:45 PM Ignore yuga1 Report Abuse Sounds like a plan.
aggietim Champion Author Fort Worth Posts:1,831 Points:717,050 Joined:Oct 2008	Message Posted: Jun 20, 2012 10:27:33 PM Ignore aggietim Report Abuse ok