Sentences with phrase «crude oil hub»

Enbridge Inc. will twin the southern section of its Athabasca Pipeline from the Kirby Lake, Alberta terminal to the Hardisty, Alberta crude oil hub at an estimated cost of approximately C$ 1.2 billion (US$ 1.2 billion).

Not exact matches

Kansas is still largely dependent on coal, however, and is one of the country's top hubs for crude oil and natural gas production.

Second, it takes time to ship the oil from the hub (where crude prices are set, say, Cushing, Okla., or Edmonton) to the refinery, to store it, to refine it and finally truck it to retailers.

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.

The Houston Chronicle's Collin Eaton, reporting from the energy hub of the world, found that oil companies and equipment supplies cut an estimated 440,000 jobs worldwide over the last three years as crude oil prices dropped.

Cuomo has adopted a similar delay policy on a number of other politically fraught energy projects, avoiding easily discernible positions on the proposed propane storage project in the Finger Lakes and on a crude - oil rail hub in Albany.

Albany's river port has emerged as a major hub for rail and barge shipments of crude oil.

For example, if the underlying asset is light sweet crude oil, the quantity is 1,000 barrels, the delivery location is the Henry Hub in Erath, Louisiana and the delivery date is December 2017.

Since Global began handling large amounts of crude in 2012, Albany has become a crude oil transloading hub, turning the Hudson River into a virtual pipeline for this highly explosive material,» said Scenic Hudson President Ned Sullivan.