CUSHING — Enbridge plans to expand its presence in the Cushing oil hub through a $2.55 billion acquisition of crude oil pipelines, terminals and storage assets from Tallgrass Energy.
The deal, announced Sept. 9 in a public statement, includes a 75% interest in the Pony Express Pipeline, which carries crude oil from Wyoming and Colorado to Cushing. Enbridge would also acquire a 60.3% nonoperating in…
