In The News

Lifting oil-export ban unlikely to affect state right away
Monday, 12/21/2015

December 19, 2015 – The Seattle Times

Lifting oil-export ban unlikely to affect state right away

By: Hal Bernton

With a 40-year oil-export ban lifted Friday by Congress, Washington terminals that receive Bakken shale crude by rail will be able to send unrefined product to Asia.

In the years ahead, that might be an attractive option. But current market conditions make the West Coast terminals an unlikely launching point for major overseas shipments, according to industry analysts.

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End to export ban brings rare cheer to the oil patch
Monday, 12/21/2015

December 19, 2015 – Houston Chronicle

End to export ban brings rare cheer to the oil patch

Trade: Policy from 1970s is lifted, but change may not be felt quickly

By: Robert Grattan

Oil producers allowed themselves a small celebration near the end of a depressing year on...

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RBN Energy: 'Even At Yesterday's Prices, It’s Not Over Yet'
Monday, 12/14/2015

November 17, 2015 – Rigzone

RBN Energy: 'Even At Yesterday's Prices, It’s Not Over Yet'

By: Rigzone Staff

Despite the relatively dismal state of the energy industry of late, RBN Energy Inc. has reminded investors there is some good news to be found in the fact shale production is hitting some milestones – all the high dollar tech investments of shale’s early recent years have driven...

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Seaway shipments lag on closed arbitrage, end-of-year taxes
Wednesday, 11/18/2015

November 17, 2015 – Reuters

Seaway shipments lag on closed arbitrage, end-of-year taxes

By: Liz Hampton

Nov 17 Crude shipments on a major pipeline from Cushing, Oklahoma to the U.S. Gulf Coast have fallen sharply this week as a supply glut erodes price spreads between the two locations and market players avoid lofty end-of-year taxes in Texas.

Read the full article here: http://www.reuters.com/article/...

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US Natural Gas Stockpile Within Reach of All-Time High
Sunday, 11/01/2015

October 26, 2015 – 24/7 Wall Street

US Natural Gas Stockpile Within Reach of All-Time High

By: Paul Ausick

Natural gas for December delivery fell to a new 52-week low of $2.19 early Friday as traders come to grips with a warmer start to the traditional heating season and a near-record amount of natural gas in the nation’s stockpiles.

As of last Friday, U.S. stockpiles totaled 3.877 trillion cubic feet, just 52 billion cubic feet below the all-time high at the traditional October 31 end of the storage injection season. If the week...

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