NuStar Energy Expanding Permian Takeaway by 70,000 BPD
NuStar Energy L.P. (ticker: NS) has started its binding open season involving a second capacity expansion of its Permian crude system. The Permian Crude System Expansion No. Two will expand upon the system’s current capacity. Certain destinations along the company’s delivery system have been approaching capacity and the proposed expansion should alleviate such problems, the company said. The expansion is