From: Wagner, Jonathan
Sent: Monday, April 13, 2020 9:38:14 PM (UTC-06:00) Central Time (US & Canada)
To: Wagner, Jonathan
Subject: Enterprise Interstate Crude to Start Gulf Coast-Cushing Service – Bloomberg
More bbls heading to Cushing. Full FERC filling attached.
Enterprise Interstate Crude to begin temporary service to ship oil on its system from Enterprise Katy, Texas, to Cushing, Okla., according to a FERC filing.
- Effective May 1, only for uncommitted shippers
- Rate at $3/bbl
- New service due to requests from at least one unaffiliated shipper
- Given the current turmoil in the crude oil market, including impacts on both refinery and export demand, there is strong market interest to access Cushing storage
Ion Energy Group
180 Maiden Lane 25th Floor
New York, NY 10005
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