Top Stories Mid-2026: How the Iran War is Bearish for US Gas
The Iran conflict has injected a risk premium into global crude markets, pushing up not only near-term prices but also…
Bakken
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…
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…
Prairie Connector Clears First Hurdle, but Politics Holds the Keys
South Bow on May 29 announced open season results for its Prairie Connector project, securing 20-year binding commitments from Hardisty,…
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.
Neches River’s Propane Ramp Tightens US LPG Balance
Bakken, Energy Transfer, Ethane, Natural Gas Liquids, NGL Insider, Oneok, Permian, Phillips 66, Targa
Enterprise Products’ Neches River Terminal Phase 2 expansion is rapidly reshaping the US propane market balance.
Medford Frac Rebuild Helps ONEOK Unlock NGL Optionality
ONEOK is rebuilding the 210 Mb/d Medford fractionator in Oklahoma after the facility was damaged in a July 2022 explosion.…
Producers Bump Up Guidance in Response to Higher Crude Prices
East Daley’s updated survey of Permian Basin operators points to 3.3% growth in oil production in 2026, or a gain…
Ethane Exports Keep Ripping, Spurred by Middle East Disruptions
Bakken, Energy Transfer, Ethane, Natural Gas Liquids, NGL Insider, Oneok, Permian, Phillips 66, Targa
ONEOK is rebuilding the 210 Mb/d Medford fractionator in Oklahoma, a project East Daley sees as key to optimizing OKE’s…