EPD is building a crude oil terminal in Houston for the growing production coming out of south Texas, Eagle Ford. By the way, some Bakken companies are involved in this new shale oil basin.
EPD has Eagle Ford crude delivery agreements in place with EOG Resources Inc., Pioneer Natural Resources USA Inc., Reliance Eagleford Upstream Holding LP, and Newpek LLC.EPD is one of the few companies outside the Bakken that I invest in and will post updates on this blog.
