The Texas Gulf Coast is gearing up to handle more US oil production and a potential rise in crude exports, but pipeline capacity already outstrips the area's refining capacity.
Sandy Fielden, director of oil and products research at Morningstar Commodities & Energy, talks with senior oil editors Meghan Gordon and Brian Scheid about why even more infrastructure is being built along the US coast. Midstream companies are battling for control of the final mile from the pipeline to refineries and marine docks, and Fielden looks to some of the challenges ahead for US crude exports and possible impacts of Congress' tax overhaul plans.
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