North American

Rangeland Energy expects to invest more than $150 million in a terminal and supporting infrastructure in Loving, NM. The company has contracts to purchase 770 acres near Loving and plans to begin development of a terminal facility capable of handling crude oil, frac sand, pipe and other products.

Continental Resources Inc. has agreed to supply PBF with Bakken crude oil, which will be delivered by rail to PBF’s double-loop track at its refinery in Delaware City, DE.

Spectra Energy Corp. has closed its acquisition of the Express-Platte Pipeline System, purchasing 100% interest in the 1,717-mile, crude oil system for $1.49 billion.

Explorer Pipeline’s board of directors has approved funding for Phase 1 of the Manhattan Extension Project.

ONEOK Partners, L.P. has completed three projects that are part of its previously announced $4.7-5.3 billion growth program through 2015, including:

Enterprise Products Partners L.P. has received transportation commitments to support development of a 270-mile pipeline header system that will deliver ethane to petrochemical plants in the U.S. Gulf Coast region.

Sierrita Gas Pipeline LLC has filed an application requesting a Presidential Permit and authorization to construct border crossing pipeline facilities and export of natural gas at the International Boundary between the United States and Mexico in Pima County, AZ.

Sunoco Logistics Partners L.P. held a binding open season in March for its Mariner South Pipeline that will transport export grade propane and butane from Lone Star NGL LLC’s storage and fractionation complex in Mont Belvieu, TX to Sunoco Logistics’ terminal in Nederland, TX.

National Grid began construction in late March to connect its existing distribution systems in Brooklyn and Queens which will provide additional natural gas and meet future energy needs for customers. This is the first pipeline to be installed in the area in 50 years.

A panel discussion was recently waged by a Canadian, an American and a Mexican talking about North America’s energy future as the new Middle East for the rest of the world. Hyperbole was cheap, but chances of the provocative scenario becoming a reality ride squarely on the shoulders of Mexico. And everyone was OK with this.

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