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WHAT THEY ARE SAYING Why We Need the South Texas Gateway Think Safe, Work Safe, Leave Safe | 1 Greenway Plaza | Houston, TX 77046 | 1 (888) 327-1728 | www.southtxgateway.com “The Permian Basin is one of the most prolific oil producing areas in the world and is a natural point of connectivity. Buckeye [is] uniquely positioned to help customers maximize the value of their product.” - Clark Smith, CEO, Buckeye “South Texas Gateway is part of a series of potential projects Buckeye is pursuing in order to enhance Permian Basin crude oil flows.” - Natural Gas Intelligence “Operators are appreciating the value of having a global market and are asking [Buckeye] to focus on projects in Corpus.” - Ismael Hernandez, VP-Global Marine, Buckeye “Oil production in West Texas is about to outgrow pipeline capacity, a combination that knocked down crude prices in the region three years ago.” - Bloomberg “Exports represent a relief valve for U.S. drillers, who are ramping up production at a pace to surpass 10 million barrels a day, a new record, by next year if not sooner.” - Wall Street Journal “As connections between Midland, the Gulf Coast and its ports expand, Permian oil will have greater access to international markets.” - Houston Chronicle

WHAT THEY ARE SAYING - Buckeye€¦ · WHAT THEY ARE SAYING Why We Need the South Texas Gateway Think Safe, Work Safe, Leave Safe | 1 Greenway Plaza | Houston, TX 77046 | 1 (888)

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Page 1: WHAT THEY ARE SAYING - Buckeye€¦ · WHAT THEY ARE SAYING Why We Need the South Texas Gateway Think Safe, Work Safe, Leave Safe | 1 Greenway Plaza | Houston, TX 77046 | 1 (888)

WHAT THEY ARE SAYINGWhy We Need the South Texas Gateway

Think Safe, Work Safe, Leave Safe | 1 Greenway Plaza | Houston, TX 77046 | 1 (888) 327-1728 | www.southtxgateway.com

“The Permian Basin is one of the most prolific oil producing areas in the world and is a natural point of connectivity. Buckeye [is] uniquely positioned to help customers maximize the value of their product.”

- Clark Smith, CEO, Buckeye

“South Texas Gateway is part of a series of potential projects Buckeye is pursuing in order to enhance Permian Basin crude oil flows.”

- Natural Gas Intelligence

“Operators are appreciating the value of having a global market and are asking [Buckeye] to focus on projects in Corpus.”

- Ismael Hernandez, VP-Global Marine, Buckeye

“Oil production in West Texas is about to outgrow pipeline capacity, a combination that knocked down crude prices in the region three years ago.”

- Bloomberg

“Exports represent a relief valve for U.S. drillers, who are ramping up production at a pace to surpass 10 million barrels a day, a new record, by next year if not sooner.”

- Wall Street Journal

“As connections between Midland, the Gulf Coast and its ports expand, Permian oil will have greater access to international markets.”

- Houston Chronicle

Page 2: WHAT THEY ARE SAYING - Buckeye€¦ · WHAT THEY ARE SAYING Why We Need the South Texas Gateway Think Safe, Work Safe, Leave Safe | 1 Greenway Plaza | Houston, TX 77046 | 1 (888)

“In West Texas, companies had to slash their prices as they opted for more railroads, trucks or other more expensive means to transport their oil to Gulf Coast refineries. But in recent years, new extensions of existing pipelines and additions to a network extending from Midland to the Gulf Coast have made it easier to get Permian crude to coastal refineries.”

- Houston Chronicle

“In both Canada and the United States, rising oil and natural gas production necessitates the expansion of our transportation capacity.”

- Fraser Institute (Canada)

“More than 99.999% of the barrels of crude oil and petroleum products delivered by pipeline arrive at their destination safely.”

- Association of Oil Pipelines

“Moving oil from where it is produced to ports for transport is clearly safest and efficient when it is transported by pipelines designed fit for purpose for the task at hand. Pipelines are undeniably the lowest risk and most efficient means of transport onshore for point to point movement. They require both regulation and ongoing inspection and maintenance and should be replaced based on predetermined age and risk factors.”

- John Hofmeister, Former member of U.S. Energy Security Council & CEO of Citizens for Affordable Energy

“Pipelines are critical to the safe and timely transport of our resources.”

- Texas RRC Chairman Christ Craddick

“Both the rate of accidents and the total amount of spillage varies less for pipe transport than for rail transport. To the extent that we can shift some of that transportation burden from rails to pipes, we can drastically lower the odds of spill incidents, and potentially lower the overall volume of oil spilled as well.”

- The Washington Post

Think Safe, Work Safe, Leave Safe | 1 Greenway Plaza | Houston, TX 77046 | 1 (888) 327-1728 | www.southtxgateway.com

Buckeye Partners, L.P. Announces Start of Open Season for the South Texas Gateway Pipeline.