Friday, January 27, 2012

Great American Group Notes Potential for Increased Petrochemical Costs

Analysts with Great American Group (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, believe the planned reversal of the Seaway Pipeline in early-to-mid 2012 will have far-reaching implications on the petrochemicals industry. In late 2011, Enbridge, Inc. and Enterprise Products Partners LP acquired the pipeline from ConocoPhillips and announced plans to reverse the flow of the pipeline, which will lessen oversupply in the Midwest and allow the oil to reach H...continued
 

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