Even with land prices shooting straight up, the Permian Basin still can make economic sense, says an RS Energy Group analyst.
The controversial pipeline will fill a takeaway need as Canadian heavy oil production surges and Mexico’s output declines.
Environmental backers believe California’s methane regulation could be a model for other states.
Price of the NGL ‘barrel’ slinks to its lowest point since November.
Positive trends, such as Europe’s improving economy and a counterbalance of lingering oversupplies, has the industry poised for better days, according to Stratas Advisors.
With the Dakota Access Pipeline coming online there’s plenty of capacity for takeaway from the Bakken and D-J; just mind the message you’re sending, one analyst said.
Stratas Advisors reconsiders its bearish outlook for OPEC’s production cut compliance.
New ethane cracking capacity will provide one answer to the gas liquids demand question.
If nothing else, recent trading days have reflected a psychologically fragile oil market.
NGL prices mostly hold steady in anticipation of increased demand.
Tucked into the EPA’s Greenhouse Gas Reporting Rule, Subpart W requires careful attention from upstream and midstream operators.
New Jersey utility PSEG will remain a PennEast customer.