In fact, the area’s refiners can only supply about 60 percent of the fuel the region requires. The additional 40,000 barrels per day of Midwest supply that Laurel Pipe Line will bring into the state #fuel delivery will allow the local refineries to offset some of the more than 500,000 barrels per day of foreign fuel imports that still come into the area. It is also worth noting that similar predictions about dire consequences for local refiners were raised during the debate over lifting the outdated, decades-old ban on crude #diesel prices winnipeg oil exports — predictions that, of course, did not come true. In fact, even with the export ban lifted, U.S. exports of fuels are at record highs, and according to Morningstar Research, Delaware Valley refiners have recently experienced stronger performance. It’s with an eye to the future made brighter by this ongoing and historic energy revolution that Buckeye is pursuing this critical project that will benefit Pennsylvania consumers and American energy security. We’re committed to delivering on the opportunity that low-cost, secure fuel brings, and to doing our part to see that Pennsylvanians benefit from it. Enjoying our content? Become a Intelligencer subscriber to support stories like these.
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