Huge "Thank You" To RBN Energy Over The Past Year Or So For All Their Great Tutorials: Update On Enterprise ECHO Expansion

Updates

May 7, 2013: When I posted the original post below I was not sure I had read the story correctly because of the way the source wrote the story. The new story makes it clear.

Today, Rigzone makes it clear with the headline: ECHO to add 4 million barrels crude storage ECHO, bringing the total storage capacity to more than 6 million barrels of storage.
 

Original Post

Platts is reporting:

Enterprise Products Partners said Thursday it will expand its ECHO crude storage terminal in Houston as part of an overall plan to increase infrastructure in Southeast Texas.

The Enterprise Crude Oil Houston (ECHO) storage terminal will be increased to more than 6 million barrels of capacity and have access to Enterprise's marine terminal at Morgan's Point on the Houston Ship Channel, the company said in statement.

Plans call for a total 4 million barrels of new crude oil storage capacity at the ECHO and Bertron facilities.

A year ago, I had no idea what ECHO was; I had never heard of it. But RBN Energy has had a couple of nice tutorials on it. Googling ECHO RBN Energy milliondollarway I'm sure you can find it.  In fact here it is.

At the second link above, it was said that Enterprise was expanding to more than 6 million bbls storage. It looks like the storage facility will go from about 2 million bbls of storage to more than 6 million bbls of storage. This should give folks a feeling how huge the energy revolution really is.