Quote:
Originally Posted by Botnst
That's the tool but does it apply to a privately owned pipeline that services a few customers?
(Lawyers get rich)
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Now this depends on how far back you stand. It looks like it carries a product owned by one party, but as a small aside, most pipelines operate this way because they actually buy the product from others. So the companies that sold oil to the pipeline benefit. And if you supply more oil to the system as whole, prices to consumers go down. Now as you can see that is a different issue than the definition of common carrier.
The Denbury case is different. They want to transport CO2 from Jackson Dome in Mississippi (which they own) to the Conroe field north of Houston for purposes of an EOR flood. The increased oil production will benefit them, arguably again creating more supply for the entire system. I think the physical size of the legal block is not tremendous, they could just go around that guys land.