Plains All American Pipeline, L.P. Announces Open Season for Proposed Cushing to Longview Crude Oil Pipeline

abarrelfullabarrelfull wrote on 01 Oct 2015 18:36
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Jun 23, 2015

Plains All American Pipeline, L.P. (NYSE: PAA) announced today that it is conducting an open season for committed capacity on a proposed new crude oil pipeline from Cushing, Oklahoma to Longview, Texas. The open season process provides an opportunity for potential shippers to offer long-term volume commitments for service from Cushing to Longview in exchange for a discounted rate.

The proposed pipeline would originate at the Plains Cushing, Oklahoma Terminal and provide an initial capacity of approximately 120,000 barrels per day of light sweet crude to Longview, Texas.

It is called the Red River Oil Pipeline


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