In The News

Fewer Oil Trains Ply America’s Rails
Tuesday, 04/07/2015

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.

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Texas' Permian Crude Transport Backlog Should Subside
Monday, 03/09/2015

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...

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Energy Watch: In drought-stricken California, a market for Canadian gas emerges
Monday, 03/09/2015

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-...

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No easy fixes for California's isolated fuel market
Monday, 02/23/2015

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...

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RBN’s Braziel Sees Oil/Gas Market ‘Resilience’
Thursday, 02/05/2015

February 4, 2015 – NGI

RBN’s Braziel Sees Oil/Gas Market ‘Resilience’

By: Richard Nemec

While the recent rapid drop in crude oil prices has been likened to the price collapse of 1986, a rebound is not likely to take 14 years as the 80’s crash did, according to Rusty Braziel, a veteran of the oil and gas industry during that time.

“It’s not going to take 14 years, but it won’t be 14 months either,” Braziel, founder of the analysis and consulting firm RBN Energy.

“In terms of the futures market, prices are viewed to be...

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