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I heard from a source long ago, that a large percentage of the oil goes to Japan.
Reason being, much greater profit for the oil company, than sending all the oil to the lower 48 states.
I hope I'm wrong, but I rather doubt it when it concerns corporate greed.
AnswerGood News! You are wrong!When the Trans Alaska Pipeline was constructed it was illegal to ship any of the oil from Alaska to other countries. Then during the Clinton Administration when oil was $8 a barrel, that law was changed. For 2 years Alyeska Pipeline Terminal shipped to Japan and South Korea a total of 5 times. They decided that this was not cost effective and now they no longer ship there. This was years ago. Now all the oil goes to refineries in Washington state, California and Hawaii. It provides most of the fuel in the Northwestern States. None of it leaves the country.
I have this information because I live in Valdez, Alaska. Where the end of the Trans Alaska Pipeline is located and the oil is shipped from. I receive my information from locals including family members who work at the Alyeska Pipeline Terminal (some of who are managers).
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Worlds longest oil pipeline?
The Druzhba pipeline is the worlds longest pipeline and in fact one of the biggest pipeline networks in the world. The name Druzhba means friendship.
Exactly how much oil is exported from the Alaskan pipeline?
None of it. When the Trans Alaska Pipeline was constructed it was illegal to ship any of the oil from Alaska to other countries. Then during the Clinton Administration when oil was $8 a barrel, that law was changed. For 2 years Alyeska Pipeline Terminal shipped to Japan and South Korea a total of 5 times. They decided that this was not cost effective and now they no longer ship there. This was years ago. Now all the oil goes to refineries in Washington State, California and Hawaii. It provides most of the fuel in the Northwestern States. None of it leaves the country. I have this information because I live in Valdez, Alaska. Where the end of the Trans Alaska Pipeline is located and the oil is shipped from. I receive my information from locals including family members who work at the Alyeska Pipeline Terminal (some of who are managers).
What is the symbol for Boardwalk Pipeline Partners LP in the NYSE?
The symbol for Boardwalk Pipeline Partners L.P. in the NYSE is: BWP.
Who receives money in a firm?
Someone who receives money in a firm is called a treasurer
How do you make money if you own an oil company?
The Company makes money by: * Buying and selling goil and gas * Pipeline fees * Brokering third a party production * Lease sales As owner you make money by: * Salary for a job * Management fees * Dividends * Bonuses * Stock options
When was Grane Oil Pipeline created?
Grane Oil Pipeline was created in 2003.
When was Adria oil pipeline created?
Adria oil pipeline was created in 1990.
What is the temperature of oil in the Alaska Pipeline?
the max temp of oil in the pipeline is 145 Fahrenheit
Why do people agree with northern gateway pipeline?
there is a lot of Asians so they like the pipeline. Asians want oil. the pipeline gives oil to asia
What does pipeline?
usually oil
The Alaska pipeline ends in Alaska or does It run to the state of Washington?
The pipeline stops in Valdez Alaska. The oil then is put and an oil tanker and sent to Washington. Ever heard of the Exon Valdez? Pipeline oil.
What is Alaskan pipeline?
Alskan Pipeline/Trans-Alaska Pipeline System is an oil pipeline that runs 800 miles from wells at Prudhoe Bay to the port of Valdez
Which is the longest oil pipeline in the world?
The Druzhba Pipeline is known as the longest oil pipeline as of 2014. It runs over 2000 miles and covers several European countries including Poland.
Who has the longest oil pipeline?
Canada
What does pipeline transport?
usually oil
When was the pipeline built?
The pipeline was built in the 1970's after oil was discovered at Prudhoe Bay
Worlds longest oil pipeline?
The Druzhba pipeline is the worlds longest pipeline and in fact one of the biggest pipeline networks in the world. The name Druzhba means friendship.
