Energy Quote of the Day: ‘The Gulf Coast is Going to be the Place for Having Any Storage’

Energy Quote of the Day: ‘The Gulf Coast is Going to be the Place for Having Any Storage’

By Jared Anderson

The US Gulf Coast is becoming the country’s preeminent petroleum storage hub as shale oil and natural gas liquids flow south to the massive refining and export center. In a move designed to capitalize on that trend, Enterprise Product Partners yesterday announced the $4.4 billion acquisition of storage company Oiltanking. And according to The American

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