Researched by Industrial Info Resources (Sugar Land, Texas)--As reported at Industrial Info's recent 2014 Market Outlook presentation in Baton Rouge, about 900,000 BBL/d of crude oil is coming out of Cushing, Oklahoma at the moment. The southern leg of TransCanada Corporation's (NYSE:TRP) Keystone XL Pipeline, known as the Gulf Coast Extension and running from Cushing to Port Arthur, Texas, is approaching operational completion and will add 700,000 BBL/d of transport capacity from Cushing to the Texas Gulf Coast. Completion of Phase II of the Seaway Pipeline reversal project will help add an additional 450,000 BBL/d out of Cushing in 2014.
Industrial Info's 2014 Market Outlook Presentation in Washington, D.C., will be held December 3, and will discuss these and other Oil & Gas storage, transmission and production projects throughout the U.S., as well as spending in the Petroleum Refining, Power, Metals & Minerals, and Chemical Processing industries. The outlook will cover market drivers and spending in the U.S. and Canada in 2014, with a special emphasis on the U.S. Mid-Atlantic region.
A networking event follows the presentation, allowing you to enjoy cocktails and hors d'oevres as you speak with our industry experts and your peers. Space is limited, so make sure and RSVP today!