Influx of Permian Gas Ready to Swamp South Texas
The Permian Basin will soon be open for business, but Agua Dulce isn’t ready to buy yet. Two pipeline expansions…
The Daley Note
Matador Teases a San Mateo Spinoff
Matador Resources is weighing a spinoff of San Mateo Midstream, management disclosed on its 1Q26 earnings call. The move would…
Ethane Exports Keep Ripping, Spurred by Middle East Disruptions
Ethane has become one of the most geopolitically important commodities in the global energy trade. The US is effectively the…
Batteries Become a Drain on California Gas Demand
California’s transition toward renewable generation backed by batteries is sapping natural gas consumption, even as electricity demand growth tied to…
A Small FERC Rate Change Could Slash $1 Billion from Pipeline Earnings
The Federal Energy Regulatory Commission’s latest oil pipeline index reset looks small on paper. In reality, it could remove more…
Producers Tiptoe Toward Growth in Response to Crude Gains
Producers are responding to higher crude oil prices, albeit slowly. East Daley’s updated survey of Permian Basin operators points to…
Commonwealth LNG Reaches FID, With a Header to Boot
Caturus is moving forward with Commonwealth LNG, the latest export project to be sanctioned in a bullish environment for US…
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.…
Will Ruby Shine Again? Data Centers, Pipe Expansions Can Restore Sparkle to Beleaguered Pipeline
Ruby Pipeline, one of the more distressed gas assets in the Lower 48, could be poised for a turnaround. A…
Propane Supply is Growing Faster Than You Think
There is materially more propane supply hitting the market than most participants are pricing in. The latest monthly EIA data…