Sentences with phrase «gulf coast exports»

NEW YORK, April 26 Demand to ship fuel on Colonial Pipeline's Line 2, its main distillate line, has dropped to about a six - month low as rising Gulf Coast exports have kept barrels from being sent through the pipeline to other U.S. regions, traders said.

US Gulf Coast exports have rebounded back above 1 million bpd last week, after dropping to below 200,000 bpd in the week of Harvey's landfall.

NEW YORK, April 26 (Reuters)- Demand to ship fuel on Colonial Pipeline's Line 2, its main distillate line, has dropped to about a six - month low as rising Gulf Coast exports have kept barrels from being sent through the pipeline to other U.S. regions, traders said.

It was announced in August 2012 that Peabody Energy signed a deal with Kinder Morgan to increase the company's access to Gulf Coast export facilities.

The canal expansion is a major enhancement for U.S. competitiveness, reducing transit time from Gulf Coast export terminals to Japan to 20 days, compared to the previous 31 to 34 days (moving either through the Suez Canal or around the southern tip of Africa, respectively) and also reducing travel time from the Gulf Coast to potential South American LNG markets.

Not exact matches

Back when Uncle Sam thought it would have to import increasing volumes of natural gas from abroad (which was only a few years ago), it built a number of LNG import terminals on the Gulf Coast, including the Freeport facility and the only other one with the same export permit, the Cheniere Energy's Sabine Pass Liquefaction project in Louisiana.

According to the Republican sources, in fact, Obama also seemed to believe the Keystone would mostly benefit Canadians because of the oilsand crude that makes it to the Gulf Coast would largely be exported.

Strong domestic economies are supporting even higher prices at the same time that demand is being boosted by exports from the U.S. Gulf Coast to customers in Mexico and South America, he added.

East Coast distillate prices have been strong due in part to both high export demand and less supply from the Gulf Coast.

He's signaled he may approve the Keystone XL oil pipeline from Alberta's oil sands to the U.S. Gulf Coast and may authorize new spending and tax cuts, which could boost Canadian exports of raw materials and equipment.

The Gulf Coast also exported 2.7 mb / d of refined products in May, much of which was sent to Latin America and Europe.

Texas imported 1.9 mb / d of crude oil in May, while the Gulf Coast also exported 0.75 mb / d.

Canadian heavy oil is perfectly suited for the refineries in the U.S. Gulf Coast, which is the largest motor gasoline producing region in the U.S., producing 90 percent of American gasoline exports.

Crude oil exports are also set to rise further, so in a global context, the U.S. Gulf Coast has emerged as one of the most vital energy hubs, meaning that «in some respects, it can be compared to the Strait of Hormuz in that normal operations are too important to fail,» the IEA cautioned.

It would certainly be possible under current U.S. crude export laws for Canadian barrels to move via Keystone XL to the Gulf Coast for export, but you'd have to ask yourself why that would happen.

As a result, exports through the Trans Mountain Pipeline will likely command a lower price than exports to the U.S. Gulf Coast refineries.

Three more export terminals may open on the Gulf Coast by 2019.

Such exports hit a peak of 874,260 barrels in total in July, before falling back to 346,921 in August... The re-exports have become a relief valve for both countries by reducing some congestion of supplies within the U.S. «We've got so much rail capacity now and pipe capacity is really starting to come on line, especially heading down to the U.S. Gulf,» said Martin King, analyst at FirstEnergy Capital Corp. «One way or another, the market's figured out a way to get Canadian crude to a country other than the U.S.» Tidal Energy Marketing Inc., a unit of Enbridge Inc., is one company that has shipped Canadian crude from the Gulf Coast, sending a cargo to Spain in May.

The large increase in crude oil exports to US PADD III (US Gulf Coast) market was due to new pipeline capacity.»

US LNG exports have more - than quadrupled due to four Sabine Pass liquefaction trains ramping - up on the US Gulf Coast.

The migrations of crude oil inventories from the Midcontinent to the Gulf Coast will increase exports of refined products.

Strong domestic economies are supporting even higher prices at the same time that demand is being boosted by exports from the U.S. Gulf Coast to customers in Mexico and South America, he added.

Companies are angling to build two export facilities in Washington State from which 100 million tons of coal would be shipped to China, Japan and South Korea a year — about the same as what the United States exports now from East Coast and Gulf ports.

According to pipeline opponents, most of the petroleum products made from Keystone crude would be exported by Gulf Coast refiners to Europe, South America, and Asia rather than sold in U.S. domestic markets.

It was reported that the agreement deal, which will give Peabody access to multiple terminals, will expand the company's Gulf Coast coal export capacity to a range of 5 million to 7 million tons per year between 2014 and 2020.

Neither personality addressed the fact that the Keystone XL pipeline is specifically designed to transport heavy crude to refineries and export - bound oil tankers on the Gulf Coast, precisely the scenario that could lead to more spills like the one unfolding in Galveston Bay.

By Anthony Swift Natural Resources Defense Council (NRDC) Wednesday, March 06, 2013 Read this blog post on the originating site In its recently released draft environmental review of the Keystone XL pipeline that would bring tar sands from Canada to the Gulf Coast for export, the State Department attempts to make...

By draining Midwestern refineries of cheap Canadian crude into export - oriented refineries in the Gulf Coast, Keystone XL will increase the cost of gas for Americans.

Besides, if Keystone XL is built, the oil it ferries to the Gulf Coast will be exported overseas, not kept in America to increase so - called «energy security.»

Palmer believes there are four major drivers for changing basis differentials: changes in supply from shale gas development, the potential growth in liquefied natural gas shipments, planned Gulf Coast chemical plant investments, and swelling exports to Mexico.

The oft - repeated «Canada has only one market» rhetoric ignores the fact that oil is a globally priced commodity, that the US Gulf Coast has the world's largest concentration of coking refineries able to optimally refine Canadian heavy oil, and that there is likely a price discount, not a premium, from exporting to Asia, given transportation costs.

Line 3 and Keystone XL, without TMX, would provide sufficient pipeline export capacity for foreseeable production growth under the oil sands emissions cap, and access world prices on the Gulf Coast.

Gulf Coast refined product exports have grown 172 % since 2008.

Currently, with Mexican heavy crude production dropping, Mexican exports to Gulf Coast refineries has fallen.

Although some of the coal exported to Europe through East Coast and Gulf Coast terminals is publicly owned coal (such as from Arch Coal's West Elk mine in Colorado), the majority is not.

ENERGY INDUSTRY Organization: Oil and natural gas - Petroleos de Mexicanos (Pemex), four operating subsidiaries (Exploration and Production, Refining, Gas and Basic Petrochemicals, Secondary Petrochemicals), Petroleos Mexicanos Internacional (PMI); Electric power and distribution - CFE and LFC; Natural gas and electric power regulation - Comission Reguladora de Energia (CRE) Major Ports: Gulf Coast - Cayo Arcos, Dos Bocas, and Pajaritos (handle most of Pemex's oil exports), Tuxpan, Ciudad Madero; Pacific Coast - Salina Cruz, Rosarito Major Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl / d)

Most of today's exports flow to the Midwest; several proposed new pipes could bring more volume to the Gulf Coast — although it may be a brief reprieve, since the Canadian Association of Petroleum Producers expects existing pipelines to be full by 2017 or 2018.