Midstream Business Magazine - November/December 2014
Cover Story
LNG Charts Its Course
Massive liquefaction plants, burgeoning supply from shale fields, a wider Panama Canal, emerging economies demanding more and more gas—it’s the birth of a new era, and it’s going to be big.
Editor's Note
Down! Down! Down!
The energy industry is the one bright spot in the U.S. economy.
Construction Update
Enchanting Prospects For Rail
New crude oil rail facilities are planned for New Mexico.
Feature
Closing Bell
Rejected No More?
Large Focus, Big Success
M3 Midstream found its niche doing bigger projects.
Reputation And Relationships
GulfStar Group’s partners have seen tremendous change since the dawn of public MLPs.
The Interview: Right Place, Right Time
Todd Sullivan is president of Texas International Terminals Ltd.
‘Big Data’
Managing midstream operations requires considerations for data governance.
‘Wow, We’re Really Digitized’
The shale revolution forced a technological revolution that has bestowed an entirely new level of efficiency, productivity, cost savings on the midstream—and a security risk.
Alerian Index
Dancing With Commodity Prices
Unchanged fundamentals resist the downward pull of commodity prices.
Finance Matters
The Sky Isn’t Falling, Folks
Fears that the sky is falling on MLPs are unfounded, analysts say.
News Flow
Crude export ban affects NGL, too
The price of crude oil is so tightly woven into the economics of natural gas that if the ability to export crude is denied, the NGL market could eventually suffer a significant hit as well, an energy consulting service forecasts.
Crude-by-rail traffic still climbing
Rail-shipped crude oil volumes may decline as new and repurposed pipeline infrastructure comes online. But crude by rail (CBR) is not dropping just yet.
Did Kinder signal consolidation splurge?
When Kinder Morgan Inc. announced earlier this year that it was planning on leaving the MLP space by acquiring and moving all of its companies under one corporate umbrella, the first question many had was “Has the MLP bubble burst?” followed by “Is the age of energy consolidation finally upon us?”
Energy East has whale of a delay
TransCanada Corp.’s $11 billion Energy East Pipeline encountered a problem in Quebec, where public opposition to the pipeline’s time line is building in response to the presence of endangered beluga whales calving their young in the St. Lawrence River.
NGL demand rise will lift Gulf Coast
Demand for NGL is moving into balance with supply in the U.S., which translates into good news for market pricing and great news for the energy industry-friendly Gulf Coast.
Proposed cracker not a competition
The Marcellus and Utica shales represent an opportunity—and not a guarantee—for Pennsylvania, Ohio and West Virginia to remake their economies by rebuilding their manufacturing and petrochemical industries, according to West Virginia Department of Commerce Secretary Keith Burdette.
Refiners blend optimal crude cocktail
Refiners in the U.S. are enjoying a feedstock price advantage relative to most of the world.
‘Amazing story’ alters energy future
U.S. energy industry is writing an “amazing story,” says EIA administrator.
NGL Frac Spread
The NGL Price Plunge
NGL prices follow West Texas Intermediate’s downturn.
Transaction Update
On Targa, On Atlas …
Targa, Atlas make a deal as visions of market share dance in their heads.