According to Petral Consulting’s Dan Lippe, market cycles for U.S. crude, liquids and gas will change in the coming years as the country becomes more involved in global markets.
The tightening Asian market and expected sanctions against Iran dovetail with an abundance of U.S. supply.
Frac Spread: Back To The Better Times Best ethane price since 2012, best ‘barrel’ in four years invokes nostalgia.
The substantial acreage dedication to Taproot is a strategic bolt-on opportunity to the existing system currently under construction and supports the initial acreage dedication with Bison Oil & Gas II LLC.
Mont Belvieu ethane is up 110% for the year and surpasses 44 cents per gallon for the first time since 2012.
Enterprise Products Partners LP (NYSE: EPD) on Sept. 10 announced that construction is under way to increase loading capacity for LPG, primarily propane and butane, at the Enterprise Hydrocarbon Terminal (EHT) by 175,000 barrels per day (bbl/d), or approximately 5 million barrels (MMbbl) per month.
Black Bear Midstream announced on Sept. 10 that it entered into a contract to provide “dry” gas gathering service beginning in late 2018.
China’s environmental watchdog said a section of PetroChina’s fuel pipeline passing through Hebei has encroached on a nature reserve in the northern part of the province.