A recent study noted that if Texas were a country, it would be the world’s third largest oil producer. That achievement is largely driven by the oil-rich area of West Texas and New Mexico known as the Permian Basin. Because of a lack of pipelines, moving the oil from the Permian presents transportation challenges. Supplies are often bottlenecked and can’t get to the industries or consumers who depend on it.
Part of the solution to the problem will be the Gray Oak Pipeline, an 850-mile pipeline stretching from the Permian to Corpus Christi on the Gulf Coast. It will also connect to market centers in Sweeny and Freeport, Texas. The pipeline will create a reliable, safe access to crude oil from the region, spur continued production in the Permian Basin, and bring more growth to the state’s energy industry and the overall economy.
Gray Oak will help new energy being found and produced in Texas get to refineries, manufacturers and, ultimately, consumers. It’s expected to be in service by the end of 2019. Stay tuned for progress updates in the months ahead.
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