Red Oak Oil Pipeline
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Red Oak Oil Pipeline is a proposed oil pipeline in Texas, United States.
The pipeline will originate in Midland and Cushing, Texas to Corpus Christi and Beaumont, Texas.
- Owner: Phillips 66, Plains All America Pipeline
- Proposed capacity: 400,000 barrels per day
- Length: 650 miles, 1046 km
- Cost: US$2.5 billion
- Status: Shelved
- Start Year: 2022
In June 2019 Phillips 66 and Plains All America Pipeline announced the pipeline as a new joint venture to transport crude oil from the Permian Basin and Cushing, Okla., to Houston and multiple locations along the Texas Gulf Coast.
On March 24, 2020 Philipps 66 announced that it was delaying development of the pipeline due to the collapse of global oil prices and disruptions caused by the Covid-19 pandemic.
Articles and resources
- Prasun Chaudhury, Assessing COVID-19 impacts on midstream investment, Chemical Week, May 13, 2020
- Phillips 66: Red Oak, Liberty, ACE Pipelines Deferred by Cost Cuts, PGJ Online, Mar. 25, 2020
- Phillips 66, Plains Sanction $2.5 Billion Red Oak Pipeline System, Pipeline & Gas Journal, Jun. 10, 2019