In The News

Monday, 10/06/2014

(October 2, 2014 – Reuters) In emerging Houston crude oil hub, an enterprising king arises (By: Catherine Ngai and Kristen Hays)

(Reuters) - The buzzing Texas Gulf Coast crude market, heralded as the oil trading hub of the future as the shale boom turns U.S. oil flows upside down, has found its first king.

Read the full story here:...

Thursday, 09/18/2014

(Reuters – September 17, 2014) RPT-Ambitious U.S. pipeline firm Buckeye quietly makes key acquisition: D.C. lobbyist (By: Jarrett Renshaw)

Houston-based logistics firm Buckeye Partners has spent more than $3.5 billion buying assets since 2010, transforming itself from a quiet regional pipeline utility into an emerging energy powerhouse.

But the acquisition that may best symbolize its evolution is one the company didn't tout to investors this summer: a Washington lobbyist.

After spending most of the...

Tuesday, 09/16/2014

(September 9, 2014 – NGI Gas Daily) NatGas Supply-Demand Convergence Coming, But It Will Take A While (By: Richard Nemec)

A flood of proposed pipeline capacity along with liquefied natural gas (LNG) exports will spur demand toward convergence with booming supply between 2025 and 2030 and driving U.S. economic growth, several natural gas experts told an industry group in Chicago Monday.

America's Natural Gas Alliance (ANGA) Executive Vice President Frank Macchiarola painted a bullish picture for attendees at the LDC...

Wednesday, 09/10/2014

(September 9, 2014 – Fuel Fix) Gulf Coast drives surge in U.S. exports of petroleum products (By: Rhiannon Meyers)

The Gulf Coast is driving a surge in U.S. exports of petroleum products as refineries run at near-record levels, according to recent reports.

In June, the United States on average exported 3.7 million barrels per day of gasoline, distillate, jet fuel, petroleum coke and hydrocarbon gas liquids, according to the most recent data available. That’s an increase of 17 percent, or 543,000 barrels per day, from the same time last year,...

Friday, 08/22/2014

(August 21, 2014 - Fuel Fix) Gulf Coast to benefit from refinery retrofits (By:  Rhiannon Meyers)

 

The Texas Gulf Coast will be ground zero for a push to equip refineries to handle a flood of light crude unlocked in the U.S. shale boom, but the investments will be relatively conservative, a petrochemical consultant said...

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