Changes in pipeline flow patterns are also occurring. Last July, Canada's National Energy Board approved Enbridge's proposal to reverse the flow of crude oil on a portion of its Line 9 pipeline, which runs from Sarnia, Ontario, to Montreal, Quebec. Upon completion of this first phase of the project, crude oil will move east from Sarnia to North Westover Station, Ontario. A second Enbridge project will extend the flow reversal from North Westover Station to Montreal and increase capacity on the line from 240,000 bbl/d to 300,000 bbl/d. Once both projects are completed, Enbridge expects the pipeline to primarily transport light crude oil from west to east. Line 9 currently moves crude imported to Canada from the North Sea, West Africa, and the Middle East from east to west. This reversal would enable eastern Canadian refineries to process more North American crude while backing out other Atlantic Basin crudes.
Gasoline and diesel fuel prices both decrease
The U.S. average retail price of regular gasoline decreased three cents to $3.65 per gallon as of May 27, 2013, also down three cents from last year at this time. Prices were up a cent on the East Coast to $3.50 per gallon, and a nickel in the Rocky Mountain region to $3.73 per gallon. The largest decrease came in the Midwest, where the price dropped nine cents to $3.78 per gallon. On the Gulf Coast the price is $3.37 per gallon, a decrease of three cents from last week. Rounding out the regions, the West Coast price is lower by two cents at $3.93 per gallon.
The national average diesel fuel price decreased one cent to $3.88 per gallon, two cents lower than last year at this time. The Gulf Coast price is $3.78 per gallon, unchanged from last week. The Rocky Mountain price increased two cents to $3.86 per gallon. The West Coast price decreased two cents to $3.99 per gallon. Rounding out the regions, the East Coast price is $3.86, a penny lower than last week.