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Posts related to ‘TRP’

Pipeline Reversal from Cushing to Gulf Coast is Complete

Posted: May 17, 2012 at 2:53 pm

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 ...
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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)

Posted: April 30, 2012 at 4:13 pm

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 ...
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Canada’s “Dirty Oil” Exports to US to Triple (TRP, KMI, ENB)

Posted: April 30, 2012 at 1:55 pm

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 ...
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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)

Posted: April 27, 2012 at 4:05 pm

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 ...
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Oneok Partners Proposes Bakken-Cushing Pipeline (OKS, OKE, EEP, ENB, TRP)

Posted: April 9, 2012 at 11:58 am

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 ...
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Keystone XL Pipeline Has Competition — WSJ

Posted: March 27, 2012 at 3:40 am

The Keystone XL Pipeline, a political football between environmentalists and oil firms that want to move more crude from Canada to the coast of Texas has a rival. According to ...
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President Obama Promises Fast Track for Keystone XL’s Southern Leg (TRP)

Posted: March 22, 2012 at 1:26 pm

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: ...
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Valero Looks Forward to Export Opportunities (VLO, TRP, TSO, MPC, HFC)

Posted: March 7, 2012 at 11:41 am

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 ...
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Keystone XL Pipeline Likely to Raise Gasoline Prices (TRP, XOM, SU, CVE, MPC, HFC)

Posted: March 1, 2012 at 7:33 am

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 ...
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TransCanada to Build Keystone XL Leg (TRP, ENB)

Posted: February 28, 2012 at 7:38 am

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 ...
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What’s Important in the Financial World (2/28/2012) Yahoo! and Facebook, Keystone XL

Posted: February 28, 2012 at 6:37 am

Yahoo! (NASDAQ: YHOO) is in patent talks with Facebook. The portal claims that the social network has used some of its intellectual property without permission or license fees. Yahoo!’s claims are ...
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Media Digest (2/28/2012) Reuters, NYT WSJ, Bloomberg

Posted: February 28, 2012 at 6:36 am

Yahoo! (NASDAQ: YHOO) threatens a patent suit against Facebook, citing a number of violations. (Reuters) TransCanada (NYSE: TRP) cuts the length of its Keystone XL pipeline in the hopes of ...
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Reports Say President Will Kill Keystone XL Pipeline (TRP, KMI)

Posted: January 18, 2012 at 1:03 pm

Just before Congress left town for the holiday, it passed and President Obama signed a bill to extend payroll tax cuts for two months. The bill included a provision demanding ...
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Payroll Tax Cut Bill’s Pipeline Provision Now Moves Front and Center (TRP)

Posted: December 23, 2011 at 12:11 pm

Now that the US House of Representatives has approved (if unwillingly) the Senate bill providing a two-month extension to lower payroll taxes and extend unemployment benefits, the bill goes to ...
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Pipeline Reverses Refiners Fortunes… An Apparent Overreaction (ENB, COP, VLO, MPC, TSO, WNR, CVI, XOM, CVX, BP, EPD, TRP, RDS-A)

Posted: November 17, 2011 at 9:10 am

The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned by ConocoPhillips Corp. (NYSE: COP) and reverse the pipeline's flow ...
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