TransCanada Proceeds WIth Cushing to Gulf Coast Pipeline

In this most recent announcement TransCanada says it will proceed with the Cushing Marketlink crude pipeline which will move crude oil from Cushing, Oklahoma, to terminals near Port Arthur, Texas. Capacity of  this pipeline, expected to be operational in early 2013, will have a capacity of 150,000 b/d (from Cushing to Gulf Coast).

TransCanada completed the BakkenMarketline Project -- from Baker, Montana, to Cushing, Oklahoma, earlier this month. 

So, now we have the Bakken Marketline from the north to Cushing; and the Cushing MarketLine from Cushing to the south. Both of these pipelines will use pipeline facilities forming part of TransCanada's Keystone XL.

Combined the two projects (I assume they mean the Marketline and the Keystone XL) will transport up to 250,000 b/d of US crude oil to the Gulf Coast.

Note: it says US crude oil, not Canadian heavy oil (that will be in addition to the 250,000 b/d, apparently).