Sohio abandons Long Beach oil project, shifts focus to new pipelines.
Sohio has decided to cancel its plans for an oil terminal and pipeline in Long Beach, California, to transport North Slope crude oil to Midwest refineries. The company may reconsider this project in the future if oil availability on the west coast increases. Instead, Sohio is looking into joining one of four other pipeline projects, including those from Washington to Minnesota, British Columbia to the Interprovincial line, and Alaska to Canada. The decision to shelve the Pactex line was based on economic factors, such as the expected decrease in North Slope production and increased use by west coast refineries, leading to a decline in the west coast crude surplus.