Arab Today, arab today oil pipeline reversal good for oklahoma
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Oil pipeline reversal good for Oklahoma

Arab Today, arab today

Arab Today, arab today Oil pipeline reversal good for Oklahoma

Oklahoma - UPI

Reversing the Seaway oil pipeline will be good for the state of Oklahoma and unstop a bottleneck at a key storage hub, a state authority said. Canadian pipeline company Enbridge and Enterprise Products Partners are in the final stages of reversing the flow of the Seaway oil pipeline. The companies in November agreed to reverse the direction of crude oil on the pipeline so it can carry oil from the trading hub in Cushing, Okla., to refineries along the southern coast of the United States. Mike Terry, president of the Oklahoma Independent Petroleum Association, said getting crude out of Cushing and into refineries meant good things for the state. He said keeping oil in storage at the Cushing hub can be expensive. \"If Oklahoma oil is selling on average for $15 per barrel less than crude oil from other parts of the globe, the price differential costs Oklahoma oil producers and royalty owners approximately $2.5 million per day,\" he told The Oklahoman newspaper. \"In one year, the state would lose $63 million in gross production taxes.\" Officials at Enterprise said they were on schedule to start the reversal as early as May 17.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil pipeline reversal good for oklahoma Arab Today, arab today oil pipeline reversal good for oklahoma

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil pipeline reversal good for oklahoma Arab Today, arab today oil pipeline reversal good for oklahoma

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday