Enterprise Products Partners L.P.'s ( EPD ) 50/50 joint venture, Seaway Crude Oil Pipeline Company LLC, has resumed service on the 500-mile, 30-inch diameter pipeline between Cushing, Okla., and the Gulf Coast, with approximately 400,000 barrels per day of capacity now available to shippers. Service was suspended on January 2, 2013, so that the remaining pump station connections could be completed allowing capacity to be increased from approximately 150,000 BPD.
EPD is up 0.2% at $53.69, trading in a 52-week range of $45.67 - $55.38.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
