California-Texas crude oil line future in doubt

Plains All American Pipeline LP is taking preliminary steps to shut down its California-to-Texas crude oil pipeline. The partnership is looking to sell the pipeline's 5.2 million bbl of crude oil line fill, for which it expects to earn $100 million, net of associated costs.Plains bought the 1,233-mile, 30-in. All American Pipeline from Goodyear Tire & Rubber Co. last year, along with some associated gathering assets (OGJ, Mar. 30, 1998, p. 39). The line was designed to carry crude oil from California's Outer Continental Shelf to refiners in California and Texas.The pipeline operators later looked at shipping Alaska North Slope crude in the line, as well as oil produced in California...

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