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Americans consume more than a billion gallons of
petroleum per day. We use gasoline to drive cars, diesel fuel
to power trucks, heating oil to warm our homes and businesses,
and jet fuel to fly commercial and military airplanes. Petroleum
is also a component of a host of other products, such as plastics,
medicine and food items. The bottom line is petroleum plays a
fundamental role in our everyday lives, and is a major driving
force behind our economy and our way of life.
As the population increases in Southern Nevada and
Southern Utah, two of the fastest growing areas in the country,
so does the area's demand for gasoline and diesel. To bring supply
to these fast-growing communities, Holly Corporation, a Texas-based
independent petroleum refiner and marketer, Holly Energy Partners,
a Texas-based provider of petroleum product transportation and
terminal services, and Utah-based Sinclair Transportation Company
are jointly building the UNEV Pipeline.
UNEV is a 400-mile, 12-inch Pipeline that will originate
near the refineries in North Salt Lake City and carry refined
petroleum products to a terminal near Cedar City in Iron County,
Utah and a terminal in North Las Vegas, Nevada. Holly will own
75 percent interest and Sinclair will own 25 percent interest
in the project. As the majority shareholder, Holly is leading
the construction process of the project and will be charged with
its oversight once it is in operation.
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UNEV
Pipeline Becomes a Reality
Over the next year, Holly will be working with
contractors to complete additional engineering studies, meeting
with city, county, state and federal officials, and obtaining
rights of way, permits and agreements. Extensive environmental
studies have been conducted for planning and compliance with the
National Environmental Policy Act and various other federal, state
and local environmental regulations. Stakeholders and the public
will also have the opportunity to comment on the project. |