Enbridge Storage At ECHO May Lead To More Canadian Crude Oil Being Stored Along US Gulf Coast -- August 6, 2015

For background to EPD's ECHO storage facility in Houston, see these links:

• EPD announces plans to expand ECHO
• EPD to connect Seaway pipeline to ECHO
• EPD to expand ECHO to accommodate Permian crude oil   
• RBN Energy update on EPD's ECHO expansion
• EPD acquires Oiltanking Partners, already connected to ECHO

and many more.

Platts is reporting that Enbridge storage at ECHO may lead to more Canadian crude being stored along the US Golf Coast:

Enbridge has subleased crude storage at Enterprise Product Partners' ECHO terminal in Houston, which may result in increased flows of Canadian crudes to the US Gulf Coast, according to a source familiar with the situation.

The Calgary-based midstream company has subleased 1 million barrels worth of storage at the 1.65 million-barrel capacity terminal, which has become a pricing point for Canadian crude in Houston following the Enterprise/Enbridge Seaway twin line beginning service in December and brought the line's capacity to 850,000 b/d. The crude terminal is slated to have 6.5 million barrels of storage available by late this year.

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The graphic is hard to read, but the "green" terminals are individual storage areas. The amount of storage is already immense, but the degree to which these storage areas are going to be expanded is simply staggering.