The Market Underestimates Propane Supply
There is materially more propane supply hitting the market than most participants are pricing in.
Energy Transfer
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…
Plan to Move Canadian Crude on DAPL Wins Key Permit
A plan by Enbridge and Energy Transfer to move Canadian crude oil through the Bakken has cleared a key hurdle,…
Project Delay Pushes Back New Ethane Demand
The Golden Triangle Polymers project has been delayed until 2027, pushing back a key source of new US ethane demand
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,…
Chevron, Microsoft Confirm Permian Data Center Negotiations, Supporting In-Basin Demand
Chevron has entered into an exclusivity agreement with Microsoft and Engine No. 1 to develop a massive data center in…
Back a Frac: Supply Growth Creates Next NGL Bottleneck
Surging US NGL production is beginning to outpace one of the most overlooked constraints in the value chain: fractionation. East…
Texas Pipes are Near-Term Tailwind, Long-Term Drag for Kinder Morgan
Energy Transfer, Enterprise, Equity, Kinder Morgan, Kinetik, Natural Gas, Permian, Targa, The Daley Note
Kinder Morgan’s Texas Intrastate business is set up for a near-term boost, but East Daley thinks the market underappreciates how…
Connect the Dots: Targa Building Intra-Permian Pipes to Link Vast G&P Network
Targa Resources is constructing several gas pipelines in the Permian to better connect the company’s sprawling G&P footprint in West…
Targa’s Galena Park Disruption Opens Door for Competing Exporters
An outage at Targa Resources’ Galena Park terminal comes at a precarious moment for global LPG markets and could boost…