Seeking Alpha

The Seaway oil pipeline expansion is complete and the 500-mile pipeline's operations have...

The Seaway oil pipeline expansion is complete and the 500-mile pipeline's operations have resumed, according to joint owners EPD and ENB. It's an important move for the U.S. oil market as it should reduce the glut of oil in Cushing, Okla., the U.S. delivery point for Nymex crude; the 250K bbl/day expansion is equivalent to about half the remaining light, sweet crude imports to the U.S. Gulf Coast.
From other sites
Comments (2)
  • Richard Waldren
    , contributor
    Comments (253) | Send Message
     
    This is one of many great things in store for the company. Long EPD.
    11 Jan 2013, 11:51 AM Reply Like
  • Iwantinfo
    , contributor
    Comments (19) | Send Message
     
    I agree with above comments. MLP's are the way to play the Energy Sector. You can "Driil, Baby Drill", all you want, but you gotta move it or it isn't worth a dime out in the field. Long--EPD & PAA.
    11 Jan 2013, 12:03 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs