Weak Flows Suggest Double H Unwinding is Here
Kinder Morgan is still months out from starting the Double H Pipeline conversion from crude oil to NGL service, yet…
Crude
Ready for an SPR Refill? Budget Request Falls Short of Rhetoric
Executive Summary: Rigs: The total US rig count decreased by 2 during the week of May 4 to 446. Infrastructure: The Trump…
Bakken Shippers Make Early Exit from Double H
Executive Summary: Rigs: The total US rig count decreased by 11 during the week of April 27 to 548. Infrastructure: Kinder Morgan (KMI)…
2025 Permian Outlook: Measured Growth Ahead
Executive Summary: Rigs: The total US rig count decreased by 14 during the week of April 20 to 558. Infrastructure: The…
Bigfoot in the Permian: ET Levers M&A to Dominate Crude Distribution
Energy Transfer has built one of the most extensive crude oil midstream footprints in the Permian Basin, transporting a significant…
Why This Keystone Spill is Different
The Keystone Pipeline suffered an oil spill in early April that prove costly for South Bow (SOBO), which no longer…
Permian Growth Creates Dock Upside in ‘25
Executive Summary: Rigs: The total US rig count decreased by 6 during the week of April 13 to 571. Infrastructure: Supply growth from…
Bigfoot in the Permian: ET Levers M&A to Dominate Crude Distribution
Executive Summary: Rigs: The total US rig count increased by 6 during the week of April 6 to 577. Infrastructure:…
Keystone Spill Muddies South Bow Outlook
Executive Summary: Rigs: The total US rig count increased by 2 during the week of March 30 to 573. Infrastructure:…
Tariffs, OPEC+ Rattle Crude. What is the Supply Risk?
WTI crude oil futures slipped below $60/bbl last week for the first time in four years amid growing market uncertainty.…