In The News

Wednesday, 05/22/2013

(Open Markets – May 21, 2013) How Rail is Reshaping America’s Energy System (by Debbie Carlson)

Railroads, that 19th-century technology, are having a 21st-century impact on the U.S. crude oil industry.

The swift growth in U.S. petroleum production left the energy industry with a lot of crude oil and nowhere to send it. With pipelines full,...

Friday, 05/10/2013

(Reuters – May 9, 2013) After almost three years of churning bumper profits from the massive price gap between the world's two most actively traded crude oil contracts, traders, refiners, railways and investors are all asking the same question: Is the game finally coming to a close?


While many refining executives say they expect to continue to have access to cheap crude, oil future prices stretching all the way to next summer suggest a sub-$10 a barrel Brent-WTI spread could be here to stay. On Thursday afternoon in...

Monday, 04/15/2013

(NGI's Shale Daily - April 11, 2013) Shale Growth Causing NatGas Pipeline Replumbing Says Braziel


The day-in and day-out reports from operators ready to build new natural gas pipelines and natural gas liquids (NGL) midstream infrastructure generally have had one thing in common over the past couple of years: most are for the Marcellus Shale. And that's not going to change anytime soon, according to industry executives.

Many of the biggest pipeline systems now carry gas to U.S. East Coast markets. That has to change,...

Tuesday, 03/05/2013

(Star Tribune – March 3, 2013) Canadian crude oil finds a new pathway through Minnesota (by: David Shaffer)

If President Obama rejects the Keystone XL pipeline, large quantities of the Canadian oil it’s designed to carry will still roll into the United States — on...

Friday, 12/07/2012

(Gas Daily – December 5, 2012) Bakken Crude Prices Rise as Railroad Reach Grows

An “export hell” scenario, in which greater liquefied natural gas exports are allowed but crude oil exports are banned, could spell trouble for the US natural gas liquids industry, an industry analyst said Tuesday.  Such a development could bring West Texas Intermediate crude oil down about $20 to between $65/b and $68/b, while lifting the NYMEX Henry Hub gas price by about $2 to $5.75/MMBtu, said Rusty Braziel, president of RBN Energy....