Oil Hub Hubbub: Is Houston the New Cushing?
Energy observers have been quick to question Cushing’s relevance, given growing Permian production that largely bypasses Cushing, increasing export volumes, and new Houston crude contracts. Is Houston...
Crude Spreads Here, There, and Everywhere – What it Means for Midstream
With widened crude spreads across North America, it’s easy to make a case for the need for more pipeline infrastructure. But if crude spreads narrow in places like the Permian as pipelines start up,...
Midstream 3Q18 Preview: Key Topics for Earnings Calls
With energy and midstream earnings season around the corner, we look at key themes that will likely be topics of interest on 3Q18 calls for the midstream space.
Midstream vs. Upstream: A Tale of Two Market Reactions to Rising Capex
In the wake of the oil downturn, capital discipline has come into focus for MLPs and E&Ps. Despite this emphasis, several MLPs and E&Ps raised guidance for 2018 capital expenditures with their 2Q18...
Escalating Ethane Prices and the Implications for MLPs and Midstream
What’s caused ethane prices to gain more than 60% in a matter of weeks, and what are the implications for midstream companies? Today’s post looks at those questions and more as we shift our focus to...
With the US Exporting 20% of its Oil Production, What Midstream Companies Could Benefit?
US crude exports are poised for continued growth as US oil production grows. Today, we look at recent export-focused project announcements. We also look at factors that may impact crude exports from...