Eight new fuel pipeline projects finished since January 2025 as fourteen more get announced
Eight petroleum liquids pipeline projects have been completed since the start of 2025, and another fourteen have been announced, per the 2026 update of the EIA's Liquids Pipeline Projects Database. For jobbers and marketers, pipeline moves are the part of the supply chain you feel at the rack before you feel it anywhere else.
More take-away capacity and more connections between producing basins and refining centers change where barrels land and how tight a given terminal runs. When a new line opens up a lane into a market, the rack in that market usually loosens. When projects sit in the announced column and don't get built, the tightness stays put.
The eight that are built
The EIA counts these as completed, in service, moving product. Those eight are what matters right now, because only a line already in service is adding supply. Fourteen announced projects is a bigger figure, and it will stay a promise until steel goes in the ground and each one clears its own permitting and financing.
For a marketer, the read is simple. Watch which of the completed lines touch your supply region, because those are the ones that could shift your unbranded sourcing options and your rack differentials over the next few months. The announced fourteen are worth tracking for where capacity may open later, not for anything that helps you price a load this week.
Europe's gas bid
European benchmark natural gas prices hit a five-month high in recent days as buyers there scramble for LNG to fill storage before winter, and the Netherlands looks set to miss its filling target. Since the Iran war disrupted flows, Europe has been losing the competition with Asia for spot LNG cargoes, with most Qatari term volumes absent from the market.
This is a foreign story, so the only question for a US operator is whether it reaches your costs. The channel is US Gulf Coast LNG exports: when Europe and Asia both bid hard for spot cargoes, more US gas gets pulled offshore, which can firm up domestic natural gas and, through it, the operating costs at terminals and refineries that run on gas. That is a slow, indirect push, not something that moves your diesel rack tomorrow.
European policymakers and bond markets, per OilPrice.com, are now more worried about the gas spike than about crude.
What to watch
Which of the eight completed lines feed your terminals, and whether the fourteen announced projects start clearing permits. On the gas side, watch US LNG export volumes and Henry Hub, since a sustained European bid is the path by which that story shows up in your costs.