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…
WCSB
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.
Bridger Blows Through Nameplate on Gains from KMI Pipe Closure
Kinder Morgan’s refurbishing of Double H Pipeline is proving a bonanza for competitor True Companies and its Bridger system in…
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,…
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,…
Trans Mountain Seeks More Shipper Support as Western Canada Egress Tightens
Trans Mountain has launched a binding open season seeking more firm transportation contracts ahead of a phased expansion of the…