SOHIO (Standard Oil Co. (Ohio)) permanently shelves Pactex Line project
Journal Article
·
· Oil Gas J.; (United States)
OSTI ID:6367823
Sohio has completely dropped its plans for a Long Beach, Calif., oil terminal and pipeline to move North Slope crude oil to Midwest refineries, although the firm may, according to Chairman A. Whitehouse, again examine the possibility of such a pipeline system if oil availability should increase on the west coast in the future. Sohio will probably get involved in one of four pipeline projects in various stages of planning, which include Northern Tier Pipeline Co.'s pipeline from Port Angeles, Wash., to Minnesota; Trans Mountain Pipe Line Co. Ltd.'s east-to-west pipeline; a project to move crude oil from Kitimat, B.C., to the Interprovincial line; and a line to move crude oil from Skagway, Alaska, to a Canadian connection. The economics on which Sohio based its Pactex line decision, particularly the expected decline of the west coast crude surplus as a result of expected declines in North Slope production and greater use by west coast refineries, are discussed.
- Research Organization:
- Stand. Oil Co., Ohio
- OSTI ID:
- 6367823
- Journal Information:
- Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 77:23; ISSN OIGJA
- Country of Publication:
- United States
- Language:
- English
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020700* -- Petroleum-- Economics
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ALASKA
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020700* -- Petroleum-- Economics
Industrial
& Business Aspects
022000 -- Petroleum-- Transport
Handling
& Storage
ALASKA
ALASKAN NORTH SLOPE
AVAILABILITY
DECISION MAKING
ECONOMICS
ENERGY SOURCES
FEDERAL REGION VII
FEDERAL REGION X
FOSSIL FUELS
FUELS
INDUSTRY
NORTH AMERICA
PETROLEUM
PETROLEUM INDUSTRY
PIPELINES
PLANNING
USA
WEST COAST