Falling Cushing Storage is a Warning Sign for Crude
Strong demand for US crude oil has drawn down inventories at the Cushing hub to a 12-year low, draining storage…
Anadarko
FERC Rate Adjustment Could Cut $1B+ from Pipeline Earnings
The Federal Energy Regulatory Commission’s latest reset of oil pipeline rates could wipe out more than $1B of annual EBITDA…
Private E&Ps Lead Early Rebound in Permian Drilling
East Daley Analytics expects private operators to drive most of the gains in US crude oil production in response to…
South Bow Confirms Prairie Connector Demand, Targets Mid-2027 Project FID
South Bow has secured 20-year binding commitments for its Prairie Connector project to move Canadian crude to US delivery points.
Offshore Projects Gain Urgency as VLCC Constraints Tighten
Geopolitical risks are accelerating demand for US crude exports, but future growth hinges on expanding offshore infrastructure to relieve Gulf…
Enbridge Project Wins Permit to Move Canadian Crude Through Bakken
A plan by Enbridge and Energy Transfer to move Canadian crude oil through the Bakken has cleared a key hurdle,…
Soaring Global Demand Pushes US Crude Exports Higher
A wave of very large crude carriers (VLCCs) is heading to the
Bakken Outlook Improves on Higher Oil Prices
We recently revised our Bakken outlook higher in anticipation of a…
Iran War, Higher Oil Prices Knock Down EDA Gas Forecast
Anadarko, Bakken, Crude, Eagle Ford, Enbridge, Haynesville, Natural Gas, Northeast, Permian, Plains, The Daley Note
We have lowered our natural gas price forecast due to the ripple effects of the Iran conflict. Last week East…
Why Gulf Coast Crude Spreads are Blowing Out
The WTI-Brent spread has expanded from an average of…