"By Nathan Risser, Bloomberg Phillips 66 and Kinder Morgan Inc. plan to build a new pipeline system and reverse the flow on some existing conduits to haul gasoline and other fuels to California, Arizona and Nevada. As California's in-state refining capacity dwindles, the regional market is becoming increasingly reliant on imported fuels, especially gasoline. The pipeline project hatched by Phillips 66 and Kinder will carry fuels from as far away as the Midwest to augment supplies sent by refiners in Washington State and Asia."
"Meanwhile, the flow on Kinder's existing California-to-Arizona pipe known as SFPP will be reversed so more fuel can flow to the Golden State. Phillips 66 also plans to reverse the flow on the Gold Pipeline that carries supplies from Texas to the St. Louis region so Midwest fuel can move west."
Phillips 66 and Kinder Morgan plan the Western Gateway Pipeline to transport gasoline and other fuels from the Midwest and Texas to California, Arizona and Nevada, with targeted completion around 2029. The project includes reversing flow on Kinder’s SFPP line into California and reversing Phillips 66's Gold Pipeline so Midwest supplies can move west. An open season for shippers runs until Dec. 19. The moves aim to offset declining in-state refining capacity and multiple refinery closures and conversions, including a Phillips 66 Los Angeles-area plant shutdown. Increased reliance on imports from the Midwest, Washington State and Asia could tighten regional fuel availability and raise pump prices.
Read at www.mercurynews.com
Unable to calculate read time
Collection
[
|
...
]