RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
President Trump’s inauguration has pushed a flurry of policy changes, including exhortations to the E&P industry to boost U.S. oil and gas output dramatically.
After a record run of negative pricing last spring and summer, the Permian Basin collectively cheered as WhiteWater’s Matterhorn Express pipeline began flowing last October, bringing much-needed takeaway capacity to the area.
As crude oil pipelines from the Permian to the Gulf Coast edge closer to full utilization, it’s becoming a challenge for producers and shippers alike. Amid this capacity crunch, converting Enterprise’s Midland to ECHO 2 (M2E-2) pipeline back to crude oil service can’t come quickly enough.
