May 1, 2015 – Oil & Gas Investor
Incoming! Marcellus Pipelines To Strike The Gulf Coast Spot Price
By: Nissa Darbonne
Rusty Braziel spent most of his career figuring out how to get Midcontinent and Gulf Coast gas to the Northeast. “Now these guys don’t need it anymore,” Braziel noted in a recent ADAM-Houston meeting.
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April 6, 2015 – The Wall Street Journal
Fewer Oil Trains Ply America’s Rails
By: Alison Sider
The growth in oil-train shipments fueled by the U.S. energy boom has stalled in recent months, dampened by safety problems and low crude prices.
The number of train cars carrying crude and other petroleum products peaked last fall, according to data from the Association of American Railroads, and began edging down. In March, oil-train traffic was down 7% on a year-over-year basis.
Read the full story here:...
March 06, 2015 – DownstreamToday
Texas' Permian Crude Transport Backlog Should Subside
By: Lana Straub
West Texas' economy has been based on oil and gas for nearly a century. Because the Permian Basin is invested so heavily in the oil and gas industry, the region's businesses are used to its ups and downs.
The Permian Basin area has helped Texas become one of the United States' leaders in oil production, most recently during the oil boom that began within the past decade. Rig counts began building...
March 2, 2015 – Business News Network
Energy Watch: In drought-stricken California, a market for Canadian gas emerges
Robert Tuttle and Lynn Doan, Bloomberg
Driven out of their best U.S. markets by the shale boom, Canada’s gas producers are turning to the power- hungry West Coast.
Canadian gas shipments to Washington state are the highest seasonally since at least 2008, and exports through a border point in Eastport, Idaho, surged in November to a winter record, data compiled by Genscape Inc. show. Demand from California gas-...
February 19, 2015 – Reuters
No easy fixes for California's isolated fuel market
By Rory Carroll
Feb 19 (Reuters) - The explosion that shut a major Los Angeles oil refinery on Wednesday sent shockwaves through the local gasoline market, sparking higher prices, largely because California's fuel infrastructure is isolated by geography and environmental rules.
Despite the shortage of easy fixes for a state that is seeing fewer refineries provide gasoline for millions, analysts believe pump prices will remain steady due to healthy...
