Pipeline Reversal from Cushing to Gulf Coast is Complete
The first US pipeline to carry crude oil from the hub at Cushing, Oklahoma, to the US Gulf Coast will begin to be filled this weekend. The Seaway pipeline has ...Read Full Story »
Posts related to ‘NYSE: TRP’
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24/7 Wall St. Closing Bell (TRP, DMD, ARII, CHK, KFT, DG, KALU, LDK, HUM, SNH, SOHU, ACI, ADM, RATE, BRCM, DPZ, ODP, PFE, SIRI, VLO, BKS, SUN, PAY)
The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a ...Read Full Story »
Canada’s “Dirty Oil” Exports to US to Triple (TRP, KMI, ENB)
The development of the Canadian oil sands is expected to increase the amount of crude oil produced at the Alberta oil sands from its current level of about 1.6 million ...Read Full Story »
24/7 Wall St. Closing Bell (PM, SNDK, BIDU, AMZN, ALU, ELY, CLWR, DECK, WY, TRP, GT, PG, NWL, MRK, HELE, F, COV, CVX, MDRX, EXPE, WDC)
Markets opened higher this morning following a lower-than-expected GDP growth estimate of 2.2%. That was weaker, but not awful (our coverage here). The consumer sentiment survey rose a couple of ...Read Full Story »
Oneok Partners Proposes Bakken-Cushing Pipeline (OKS, OKE, EEP, ENB, TRP)
Oneok Partners LP (NYSE: OKS) this morning announced that it plans to build a 1,300-mile pipeline from the Bakken shale in North Dakota to Cushing, Oklahoma, at a cost of ...Read Full Story »
President Obama Promises Fast Track for Keystone XL’s Southern Leg (TRP)
Today in Cushing, Oklahoma, President Obama said that his administration would get moving right now on the southern portion of the Keystone XL pipeline from Cushing to the Gulf Coast: ...Read Full Story »
Valero Looks Forward to Export Opportunities (VLO, TRP, TSO, MPC, HFC)
In a presentation yesterday to investors, Valero Energy Corp. (NYSE: VLO) CEO Bill Klesse said that stagnant demand for refined products in the US would be replaced by foreign demand ...Read Full Story »
Keystone XL Pipeline Likely to Raise Gasoline Prices (TRP, XOM, SU, CVE, MPC, HFC)
The proposed 1,700-mile Keystone XL pipeline will not make the US more energy independent nor will it lower gasoline prices. If anything, the pipeline from western Canada’s oil sands to ...Read Full Story »
TransCanada to Build Keystone XL Leg (TRP, ENB)
When President Obama killed the application from TransCanada Corp. (NYSE: TRP) to build the 1,700-mile Keystone XL pipeline, the move did not kill the idea of the pipeline. The president ...Read Full Story »
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