The midstream enters 2018 asking a lot of questions. Will demand continue to grow? Where are the new markets? Will opponents “keep it in the ground?” The answers may not come for a while.
Nobel laureate Neils Bohr summed up the problem with forecasting when he once observed, “Prediction is very difficult, especially if it’s about the future.” He made the comment in reference to modeling built on past data that may—or may not—be replicated in the future.
Maybe, or maybe not: That’s an apt description of the energy sector’s midstream segment in the new year.