Pipeline operator Energy Transfer Partners has restored power to a pumping station in West Texas and is in the process of restarting operations on two crude pipelines impacted by an outage following storms, a company spokeswoman said on Friday. The storms knocked out the company’s Colorado City pumping station and storage facility, and impacted its West Texas Gulf and Permian Express II pipelines, the spokeswoman said. Operations would be restored shortly, the spokeswoman added. The West Texas Gulf crude pipeline runs from Colorado City to Goodrich, Texas and the Permian Express II runs from origin points in West Texas to Nederland, Texas near the U.S. Gulf Coast. News of the outages weakened WTI Midland differentials further on fears of more barrels being backed up in the region. WTI Midland weakened to trade as much as $9 a barrel under benchmark U.S. crude futures during […]