After enduring 2015-16 it is about time for some good news, right? And that’s just what 2017 is shaping up to be—a relatively good news year for energy markets. But don’t go crazy with this. The key word in that sentence is “relatively’” —which means better than 2015-16, but if you are looking for that other “R” word (“recovery”) you won’t see it here. Crude prices will be up some, but nothing like the first few years of this decade. Natural gas and NGL prices will be stronger too. But both may have to wait still another year before seeing a real upswing in 2018. Nevertheless, 2017 is looking good for most of the energy market. Not for everyone, mind you. Many will struggle because their assets are in the wrong places, they are at the wrong end of the food chain, or they were simply unprepared for this new market reality. How will you know the difference between the winners and losers? Well of course, by looking deeply into the RBN crystal ball to see what 2017—Year of the Rooster—has in store for us. Cock-a-doodle-do!
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