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Reuters

Reuters

Enterprise Products not considering new Permian oil pipeline, says co-CEO

Reuters
Summary
Nutrition label

79% Informative

A wave of consolidation in the top U.S. shale field has concentrated output in the hands of companies that are promising to restrain output so as not to crash prices by overproducing.

Teague also said that Enterprise continues to advance its proposed deepwater oil export project, Sea Port Oil Terminal .

Multi-year regulatory delays, loss of commercial backers and slowing production growth have slowed projects.

VR Score

88

Informative language

92

Neutral language

75

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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