It’s been quite a year already, with energy markets roiled by the Iran war. To survive such swings, you need a deep understanding of market fundamentals so that you can anticipate their effects. That’s today’s subject and the focus of our upcoming School of Energy: Foundations.
Louisiana refineries don’t pipe in all the crude oil they need from the Houston and Nederland areas or the U.S. Gulf, or ship it in from abroad. Some depend on crude that is piped in from Longview, TX, and others get at least some of their oil from Capline, which moves crude south from Illinois.
Liquids pipelines operate quite differently from their gas-pipeline cousins. They are regulated under a different law than gas pipelines, plus they face broader competition. As a result, they enjoy more flexibility in some respects but less in others than gas systems.
The sourcing of crude oil for the 14 refineries in Louisiana has been shifting over the past few years and the pace of that shift is picking up as more U.S. Gulf production flows to Texas (and less flows to the Bayou State), new pipeline projects come online, and refineries modify their crude slates.
As anyone who drives a car that requires premium gasoline will surely tell you, the large difference between the prices of regular and premium grades shows no signs of going away. Today, we look at how the two were once priced, when they diverged, and what it likely means for future prices.
Open seasons are a key part of marketing capacity for gas pipeline and storage projects, but they can also raise several regulatory questions. And the answers depend on what kind of open season it is. Today, we take a deep dive into the ins and outs of a gas project open season.
One of the most discussed and often misunderstood aspects of the midstream world is the pipeline open season. It is how midstreamers go out to the market to test shipper interest and lock in commercial commitments for new projects and can effectively determine whether a project will get built.
The White House gave the green light on March 18 for foreign-flagged tankers to move crude oil and refined products between U.S. ports by waiving the Jones Act. In less than two months, about 60 waivers have been recorded. Today, we’ll dig into the new patterns that have emerged.
It’s been quite a year already, with energy markets roiled by the Iran war. To survive such swings, you need a deep understanding of market fundamentals so that you can anticipate their effects. That’s today’s subject and the focus of our upcoming School of Energy: Foundations.
It’s been quite a year already, with energy markets roiled by the Iran war. To survive such swings, you need a deep understanding of market fundamentals so that you can anticipate their effects. That’s today’s subject and the focus of our upcoming School of Energy: Foundations.
