Quantcast
Climate
Permian Basin oil field. Blake.Thornberry / Flickr / CC BY-NC-ND 2.0

Permian Basin Pipeline Will Carry Out 1 M Barrels of Crude Oil Per Day

ExxonMobil and Plains All American Pipeline announced Tuesday a joint pursuit to construct a multi-billion dollar pipeline that will transport more than 1 million barrels of crude oil and condensate per day from the oil-rich Permian Basin to the Texas Gulf Coast, the Houston Chronicle reported.


The proposed pipeline will stretch hundreds of miles from both Wink and Midland, Texas to delivery points in Webster, Baytown and Beaumont, Texas, a news release from the companies stated.

Despite governments around the world enacting measures to reduce carbon emissions to help fight climate change, the latest oil market forecast from the International Energy Agency (IEA) makes it clear that the world is yet to turn its back on fossil fuels.

Production in the Permian shale field in western Texas has been booming. According IEA's Oil 2018 forecast, global oil production capacity is expected to grow by 6.4 million barrels a day (mb/d) to reach 107 mb/d by 2023. Much of that growth is led by the U.S. due to oil produced from fracking the Permian, where output is expected to double by 2023.

However, there is currently not enough pipeline capacity to retrieve Permian oil, causing regional oil prices to deflate.

But that bottleneck has opened up opportunities for pipeline developers in the region. Exxon said in January it plans triple Permian production to 600,000 oil-equivalent barrels by 2025, and spend more than $2 billion on transportation infrastructure to support its Permian operations.

Houston-based Plains All American Pipeline is investing $1.6 billion in Permian expansions, but other pipelines are also in the works, according to Motley Fool. Epic Midstream has proposed a 440,000 barrel-per-day (bpd) crude oil pipeline in the region, so has Magellan Midstream Partners, which has proposed a 600,000 bpd pipeline.

Show Comments ()

EcoWatch Daily Newsletter

Sponsored
Health
Lee Johnson and his two sons. Lee Johnson

Man vs. Monsanto: First Trial Over Roundup Cancer Claims Set to Begin

By Carey Gillam

Dewayne "Lee" Johnson has led what many might call an unremarkable life. The 46-year-old father and husband spent several years working as a school groundskeeper and spending free time teaching his two young sons to play football. But this week he takes center stage in a global debate over the safety of one of the world's most widely used pesticides as he takes Monsanto to court on claims that repeated exposure to the company's popular Roundup herbicide left him with terminal cancer.

Keep reading... Show less
Animals

Celebrate National Pollinators Week By Protecting These Endangered Species

As summer enters into full bloom, it's time to celebrate all the birds, bees and bugs that make the fruits and flowers possible. From June 18 to 24, Pollinator Partnership (P2) is celebrating National Pollinator Week, which was designated by the U.S. Senate 11 years ago and has grown into an international event.

Keep reading... Show less
Business
Mike Mozart / CC BY 2.0

The Home Depot Will Be Third Major U.S. Retailer to Ban Deadly Paint Strippers

The world's largest home improvement retailer, The Home Depot, announced Tuesday that it will phase out the use of the toxic chemicals methylene chloride and N-methylpyrrolidone (NMP) in its paint removal products by the end of this year.

The company, which operates more than 2,200 stores in the U.S., Canada and Mexico, is the third major retailer this month to commit to pulling the products from store shelves. Methylene chloride and NMP have been found to pose unacceptable health risks to the public, including cancer, harm to the nervous system and to childhood development, and death.

Keep reading... Show less
Food

These Toxic Chemicals in Food Packaging Are Getting Into Your Meals

By Rachel Smilan-Goldstein

On a busy weeknight, takeout and fast food are easy dinner time solutions. But your family's favorite on-the-go meal may come with a side of toxic fluorinated chemicals.

Keep reading... Show less
Sponsored
Politics
An artist's rendering depicted a light rail line on Charlotte Avenue near Sylvan Park. Nashville Public Radio / Nashville Mayor's Office

Kochs Mobilize to Kill Public Transit Plans

The Koch brothers are pouring money into grassroots state efforts to defeat public transit proposals, The New York Times reported.

Keep reading... Show less
Energy
VanessaC (EY) / Flickr / CC BY-NC-ND 2.0

The Lake Powell Pipeline Is a Hot, Expensive Mess

By Sam Schipani

With rainfall at record lows, water is an increasingly precious commodity in the deserts of southern Utah. But in the driest reaches of redrock country, one long-waged water war thunders even louder than the rest.

Keep reading... Show less
Sponsored
Renewable Energy
Offshore wind turbine near Scotland. U.S. Department of the Interior

Public Health Benefits of Adding Offshore Wind to the Grid

By Jonathan Buonocore

New plans to build two commercial offshore wind farms near the Massachusetts and Rhode Island coasts have sparked a lot of discussion about the vast potential of this previously untapped source of electricity.

But as an environmental health and climate researcher, I'm intrigued by how this gust of offshore wind power may improve public health. Replacing fossil fuels with wind and solar energy, research shows, can reduce risks of asthma, hospitalizations and heart attacks. In turn, that can save lives.

Keep reading... Show less
Politics
The collapsed coal ash impoundment and closed power plant at Dan River Steam Station (Duke Energy), Eden, North Carolina. The impoundment failure caused the 2014 Dan River coal ash spill. U.S. Environmental Protection Agency

Pruitt Grants Oklahoma Leniency to Dispose of Toxic Coal Ash Without Federal Oversight

On Monday, Oklahoma became the first state to be granted a permit from the Environmental Protection Agency (EPA) to dispose of its own coal ash, The Associated Press reported.

The move displaces the federal government as the body responsible for coal ash disposal in EPA head Scott Pruitt's home state. Coal ash is the residue left over from burning coal for power that often contaminates groundwater. It is a change that industry has lobbied for and environmental groups have opposed.

Keep reading... Show less
Sponsored

mail-copy

The best of EcoWatch, right in your inbox. Sign up for our email newsletter!