The rapid build-out of new and expanded pipeline capacity is now beginning to transport steadily-rising volumes of oil, natural gas and natural gas liquids from the Permian Basin to the Gulf Coast. These volumes of light, sweet crude already exceed the capacity of refiners to process the oil into gasoline and other products, and are now testing the capacity of the coastal port system to accommodate demand for crude exports. The U.S. Energy Information Administration (EIA) reported that crude exports for the week ending May 10 surged back over 3.3 million barrels of oil per day (bopd) after having fallen to as low as ... (full story)