Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:37 PM

GasBuddy News Article

47
votes
Texas refiners thirsty for Eagle Ford crude

Reuters -- Two U.S. refiners on Thursday unveiled plans that will allow them to use more of the lower-cost crude oil from the prolific Eagle Ford shale play in South Texas.

Privately-held Flint Hills Resources FHR.UL wants to spend $250 million to increase its supply of Eagle Ford crude to beyond the 150,000 barrels per day (bpd), which is half of all the oil consumed daily by the company's Corpus Christi, Texas, refinery, company officials said on Thursday.

Phillips 66's (PSX.N) 247,000 bpd Sweeny, Texas, refinery will take 30,000 bpd of Eagle Ford oil beginning in 2014 when Kinder Morgan Energy Partners (KMP.N) completes a $90-million extension of a pipeline to the plant, which is 66 miles south of Houston.

The investments are the latest efforts by the U.S. energy to quickly take advantage of...

Read the Full Article

Submitted Aug 24, 2012 By: 1studman
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Texas refiners thirsty for Eagle Ford crude Post a Reply Back to Topics
REPLIES (newest first)
First
1234
Next Last
Profile Pic
sparky808
Champion Author Honolulu

Posts:3,144
Points:625,660
Joined:Sep 2011
Message Posted: Aug 25, 2012 4:19:32 PM
 Ignore sparky808 Report Abuse

Thank you for posting.
Profile Pic
prcoqui
Champion Author Maryland

Posts:4,036
Points:1,691,700
Joined:Dec 2006
Message Posted: Aug 25, 2012 3:31:05 PM
 Ignore prcoqui Report Abuse

Yesterday news.
Profile Pic
FuelBarge
Champion Author Long Island

Posts:9,340
Points:2,103,990
Joined:Aug 2005
Message Posted: Aug 25, 2012 7:37:08 AM
 Ignore FuelBarge Report Abuse

I was under the impression from a news story this week that refineries were running at capacity and were not making any money. How is bringing in even more crude oil going to fix that?
Profile Pic
uptherefiners
Champion Author Chicago

Posts:5,048
Points:1,002,000
Joined:Jun 2006
Message Posted: Aug 25, 2012 12:47:30 AM
 Ignore uptherefiners Report Abuse

might as well go home, sally
Profile Pic
MAC48
Champion Author Dallas

Posts:1,580
Points:788,525
Joined:Dec 2006
Message Posted: Aug 25, 2012 12:44:52 AM
 Ignore MAC48 Report Abuse

These moves by the refiners mentioned in this article makes sense to me. Why not increase your use of domestic light crude and decrease your use of heavy foreign oil.
Profile Pic
uptherefiners
Champion Author Chicago

Posts:5,048
Points:1,002,000
Joined:Jun 2006
Message Posted: Aug 25, 2012 12:44:51 AM
 Ignore uptherefiners Report Abuse

conflicted?..not at all. the clown is from Hawaii, right?

and we're not going to sunshine our way into the clueless universe

Again, your hero has done what so far?
Profile Pic
Aviator_Rob
Champion Author New York

Posts:3,992
Points:440,815
Joined:Mar 2012
Message Posted: Aug 25, 2012 12:36:51 AM
 Ignore Aviator_Rob Report Abuse

I'm guessing that you're not too thrilled that the President comes from your neck of the woods, @uptherefiners? Feeling a bit conflicted?

We're not gonna drill our way out of this problem. I don't care how much money big Oil makes, those dividend checks to the shareholders don't make up for the fact that the American people are being robbed.
Profile Pic
uptherefiners
Champion Author Chicago

Posts:5,048
Points:1,002,000
Joined:Jun 2006
Message Posted: Aug 25, 2012 12:30:49 AM
 Ignore uptherefiners Report Abuse

@arob

and your hero has done what so far?
Profile Pic
jrsva
Champion Author Virginia

Posts:9,999
Points:1,639,950
Joined:Jan 2006
Message Posted: Aug 25, 2012 12:20:55 AM
 Ignore jrsva Report Abuse


They are having a fracking good time down in Texas. I hope the unintended side effects do not come back to bite us in the a** a few years from now. We are pumping a lot of poison into the ground without knowing what will become of it.
Profile Pic
crreed1
Champion Author West Virginia

Posts:2,100
Points:2,550,715
Joined:May 2005
Message Posted: Aug 25, 2012 12:18:19 AM
 Ignore crreed1 Report Abuse

they are not passing anything to you but higher prices
Profile Pic
gocatgo
Champion Author South Carolina

Posts:15,826
Points:2,557,280
Joined:Apr 2006
Message Posted: Aug 25, 2012 12:18:09 AM
 Ignore gocatgo Report Abuse

The big question is what percentage of this product will be going overseas?
Profile Pic
N5EXY
Champion Author Austin

Posts:5,633
Points:1,537,310
Joined:Jul 2004
Message Posted: Aug 25, 2012 12:16:44 AM
 Ignore N5EXY Report Abuse

Texas refineries are thirsty for any crude.
Profile Pic
FXRider94
Veteran Author New Jersey

Posts:329
Points:1,252,715
Joined:Jul 2009
Message Posted: Aug 25, 2012 12:16:00 AM
 Ignore FXRider94 Report Abuse

"And up from the shale, came some bubbling crude, Oil that is...Texas Gold".
Where's Jed Clampett, when you need him...

[Edited by: FXRider94 at 8/25/2012 12:17:56 AM EST]
Profile Pic
Aviator_Rob
Champion Author New York

Posts:3,992
Points:440,815
Joined:Mar 2012
Message Posted: Aug 25, 2012 12:15:01 AM
 Ignore Aviator_Rob Report Abuse

Really, DEG? Because all we need to jumpstart this economy is more oil? More oil just means more money for Big Oil. Gas prices won't come down one penny.

This supply-side, trickle down economics is a failed policy, championed by so-called experts that are short on facts and long on wishful thinking.

The only thing that trickles down to the rest of us is the BS.
Profile Pic
wkb03
Champion Author Georgia

Posts:2,100
Points:620,750
Joined:Aug 2011
Message Posted: Aug 25, 2012 12:13:45 AM
 Ignore wkb03 Report Abuse

Wanting to and doing?
Profile Pic
us4usa
Champion Author Missouri

Posts:6,120
Points:1,137,585
Joined:May 2008
Message Posted: Aug 25, 2012 12:11:31 AM
 Ignore us4usa Report Abuse

Then they can pass the savings on to us, at the pumps???
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:2,681
Points:689,900
Joined:Jan 2010
Message Posted: Aug 25, 2012 12:10:50 AM
 Ignore rahcat Report Abuse

Watch the EPA throw another monkey wrench into this.
Profile Pic
regout
Champion Author Quebec

Posts:3,095
Points:860,405
Joined:May 2010
Message Posted: Aug 25, 2012 12:10:40 AM
 Ignore regout Report Abuse

Ok.
Profile Pic
MikLamb
Champion Author Texas

Posts:8,125
Points:2,202,820
Joined:Jun 2006
Message Posted: Aug 25, 2012 12:09:18 AM
 Ignore MikLamb Report Abuse

Eventually.
Profile Pic
vibdata
Champion Author Massachusetts

Posts:4,181
Points:866,235
Joined:Nov 2005
Message Posted: Aug 25, 2012 12:08:34 AM
 Ignore vibdata Report Abuse

These projects are YEARS in the future and cost $100 MILLION or MORE. What's so thrilling about that???
Profile Pic
uptherefiners
Champion Author Chicago

Posts:5,048
Points:1,002,000
Joined:Jun 2006
Message Posted: Aug 25, 2012 12:08:13 AM
 Ignore uptherefiners Report Abuse

 
sure they are
 

-------------------------------------------------------
Warren Buffet Owns Burlington Northern. Burlington Northern hauls 25% of Bakken oil. Does this(not) clear up any question about why our 'president of change' killed the pipeline?
Profile Pic
Blue_Cruzer
Champion Author Lexington

Posts:7,660
Points:1,697,285
Joined:Mar 2007
Message Posted: Aug 25, 2012 12:07:26 AM
 Ignore Blue_Cruzer Report Abuse

Good!
Profile Pic
pastorpaulcg
Champion Author Virginia

Posts:3,615
Points:775,785
Joined:Dec 2010
Message Posted: Aug 25, 2012 12:07:23 AM
 Ignore pastorpaulcg Report Abuse

Cool
Profile Pic
PrinceLH
Champion Author Ontario

Posts:2,832
Points:565,745
Joined:Jun 2011
Message Posted: Aug 25, 2012 12:04:28 AM
 Ignore PrinceLH Report Abuse

Again!!
Profile Pic
lindyleigh123
Rookie Author Virginia

Posts:42
Points:35,075
Joined:Mar 2012
Message Posted: Aug 25, 2012 12:04:25 AM
 Ignore lindyleigh123 Report Abuse

ok...
Profile Pic
must87searcher
Champion Author Maryland

Posts:9,120
Points:1,807,810
Joined:Apr 2008
Message Posted: Aug 24, 2012 11:56:52 PM
 Ignore must87searcher Report Abuse

Here is another questionable change.
Profile Pic
camel1
Champion Author Minnesota

Posts:8,410
Points:2,294,315
Joined:Jul 2006
Message Posted: Aug 24, 2012 11:54:51 PM
 Ignore camel1 Report Abuse

why so long for the changes? To milk higher profits longer from us poor consumers???
Profile Pic
GigHarborHound
Champion Author Tacoma

Posts:2,669
Points:514,240
Joined:Sep 2011
Message Posted: Aug 24, 2012 11:54:01 PM
 Ignore GigHarborHound Report Abuse

YES
Profile Pic
bra0712
Champion Author Arizona

Posts:3,790
Points:795,575
Joined:Nov 2008
Message Posted: Aug 24, 2012 11:52:13 PM
 Ignore bra0712 Report Abuse

K
Profile Pic
gmcgas
Champion Author Atlanta

Posts:6,094
Points:1,741,870
Joined:Mar 2004
Message Posted: Aug 24, 2012 11:50:23 PM
 Ignore gmcgas Report Abuse

duh they would make more money
Profile Pic
clermont40miles
Champion Author Cincinnati

Posts:10,754
Points:1,799,595
Joined:Apr 2008
Message Posted: Aug 24, 2012 11:48:39 PM
 Ignore clermont40miles Report Abuse

Good problem to have. Growing pains.

Get BHO & Co. and other greenies out of the way and things will happen faster and at lower cost.
Profile Pic
farn1958
All-Star Author Twin Cities

Posts:886
Points:183,385
Joined:Feb 2011
Message Posted: Aug 24, 2012 11:48:09 PM
 Ignore farn1958 Report Abuse

Who cares0.
Profile Pic
DEG
Champion Author Las Vegas

Posts:17,745
Points:3,519,480
Joined:Jul 2003
Message Posted: Aug 24, 2012 11:48:01 PM
 Ignore DEG Report Abuse

If Obama is re-elected; I expect that he'll have the EPA drag its feet or put pressure on the operations to shut down the use of shale oil. Anything to keep the US economy on the ropes while his administration runs up annual deficits greater than $1Trillion per year.
Profile Pic
aggietim
Champion Author Fort Worth

Posts:1,831
Points:717,200
Joined:Oct 2008
Message Posted: Aug 24, 2012 11:45:54 PM
 Ignore aggietim Report Abuse

ok
Profile Pic
bvrbill
Champion Author Eugene

Posts:3,440
Points:546,000
Joined:Jul 2011
Message Posted: Aug 24, 2012 11:43:33 PM
 Ignore bvrbill Report Abuse

I hope the find a way to keep the refined product in America.
Profile Pic
SavALot
Champion Author Virginia Beach

Posts:8,618
Points:1,739,185
Joined:Apr 2005
Message Posted: Aug 24, 2012 11:42:31 PM
 Ignore SavALot Report Abuse

Even the oil rigs are bigger in TX
Profile Pic
nozzle46
Champion Author Little Rock

Posts:6,761
Points:1,486,845
Joined:Jul 2006
Message Posted: Aug 24, 2012 11:41:58 PM
 Ignore nozzle46 Report Abuse

Amounts we're talking about a drop in the bucket of what we consume.
Profile Pic
furiousfowl
Champion Author Riverside

Posts:16,975
Points:2,770,735
Joined:May 2005
Message Posted: Aug 24, 2012 11:38:26 PM
 Ignore furiousfowl Report Abuse

Probably end up selling it to China
Profile Pic
g747
Champion Author Mobile

Posts:4,682
Points:961,370
Joined:Jul 2009
Message Posted: Aug 24, 2012 11:38:04 PM
 Ignore g747 Report Abuse

Pump it quickly!!!!!!!!!!.
Profile Pic
bonzoonfmb
Champion Author Florida

Posts:1,817
Points:664,910
Joined:Feb 2010
Message Posted: Aug 24, 2012 11:36:27 PM
 Ignore bonzoonfmb Report Abuse

What is produced will go to the highest bidder and will not lower the domestic price of U.S. gasoline.
Profile Pic
itsjustme719
All-Star Author Hamilton

Posts:612
Points:618,220
Joined:Dec 2010
Message Posted: Aug 24, 2012 11:28:51 PM
 Ignore itsjustme719 Report Abuse

Okay.
Profile Pic
Tekkersmom57
Champion Author Syracuse

Posts:2,019
Points:728,890
Joined:May 2010
Message Posted: Aug 24, 2012 11:28:46 PM
 Ignore Tekkersmom57 Report Abuse

Great point AKmailman!
Profile Pic
hammer219115
Veteran Author Pennsylvania

Posts:411
Points:22,950
Joined:Aug 2006
Message Posted: Aug 24, 2012 11:24:23 PM
 Ignore hammer219115 Report Abuse

Great
Profile Pic
Fitwit
Champion Author Stockton

Posts:6,523
Points:1,379,755
Joined:May 2009
Message Posted: Aug 24, 2012 11:24:03 PM
 Ignore Fitwit Report Abuse

Hmmmmmmmmmmmmmm
Profile Pic
Taurus1
Champion Author Ohio

Posts:3,214
Points:1,693,005
Joined:Apr 2006
Message Posted: Aug 24, 2012 11:22:30 PM
 Ignore Taurus1 Report Abuse

ok
Profile Pic
DeeLA
Champion Author Los Angeles

Posts:4,959
Points:1,392,930
Joined:Nov 2008
Message Posted: Aug 24, 2012 11:20:03 PM
 Ignore DeeLA Report Abuse

Okay
Profile Pic
wayoung56
Champion Author Alabama

Posts:2,920
Points:845,010
Joined:Oct 2006
Message Posted: Aug 24, 2012 11:18:17 PM
 Ignore wayoung56 Report Abuse

Interesting article...
Profile Pic
dlemma
Champion Author Wyoming

Posts:4,246
Points:1,582,720
Joined:Feb 2008
Message Posted: Aug 24, 2012 11:18:12 PM
 Ignore dlemma Report Abuse

drill baby drill
Profile Pic
craigrm
Champion Author Connecticut

Posts:1,805
Points:603,780
Joined:Mar 2008
Message Posted: Aug 24, 2012 11:17:20 PM
 Ignore craigrm Report Abuse

ok
Profile Pic
serrog
Champion Author Nova Scotia

Posts:5,705
Points:1,539,830
Joined:Oct 2008
Message Posted: Aug 24, 2012 11:17:19 PM
 Ignore serrog Report Abuse

ok
Post a reply Back to Topics
First
1234
Next Last
"Consumers working together to save on gas"