Saturday, February 9, 2019

Update On Buckeye Partners Laurel Bi-Directional Pipeline -- February 9, 2019

First it was transgender. Then LGBQT. The BLT. Now bi-directional pipelines. Can we say that on a family blog?

For background, these earlier posts:
The tea leaves suggested this couldn't be done. The tea leaves are still swirling.

This is the East Coast and there's that pesky little thing called "FERC approval."

From Platts, earlier this week, data points:
  • Laurel Pipeline bi-directional; should be ready-to-go by middle of the year (2019)
  • will transport refined products
  • Midwest refiners will be able to move more gasoline and diesel from Michigan and Ohio east to Pennsylvania (of course, the PA refiners were against this)
  • currently, the line runs from Philadelphia refineries west to the Pittsburgh area
  • oh -- here's the hiccup: partners still waiting for FERC approval to operate line across state lines
  • the second phase of the Michigan-Ohio pipeline project will bring refined projects from refineries in Detroit and Ohio southeast to the Altoona area of central Pennsylvania

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