• 5 minutes Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Starvation, horror in Venezuela
  • 5 hours WTI @ 67.50, charts show $62.50 next
  • 3 hours Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 4 hours Mike Shellman's musings on "Cartoon of the Week"
  • 9 hours Venezuela set to raise gasoline prices to international levels.
  • 14 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 1 min Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 3 hours Batteries Could Be a Small Dotcom-Style Bubble
  • 16 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 9 hours Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 15 hours Corporations Are Buying More Renewables Than Ever
  • 4 hours Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
  • 20 hours Again Google: Brazil May Probe Google Over Its Cell Phone System
  • 5 hours France Will Close All Coal Fired Power Stations By 2021
Alt Text

Is Mexico Set To Boost Oil Output?

Mexico’s president-elect is determined to…

Alt Text

The Real Leader In Global Energy Production

Last week President Trump was…

Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Trending Discussions

Midstream Opportunities in the Marcellus

I’ve been warning readers about 1st quarter energy results in the Exploration and Production companies – believing that the results would be overhyped and lead to disappointments.  But nothing like that has happened.  

In fact, the E+P’s have been killing it, if not from increased realizations, then by the strong prices in natural gas during the winter of 2013.  And, if that weren’t enough, the wide differentials in domestic crude benchmarks led to some incredible results from the refiners and in the downstream results of the big integrated stocks.  Exxon-Mobil (XOM), my long time ‘go to’ integrated behemoth, just posted incredible downstream numbers, in time to see those shares rise well over $100.  Jim Cramer, who I spoke with yesterday, sees $120 as a reasonable Exxon target.   Wow.

But one area of energy is being overlooked in this incredible renaissance of US production:  Midstream assets.  In the massive ramping of production here in the US, what has been left behind so far has been the infrastructure to carry it where it needs to go.  Despite the thousands of miles of pipelines that currently criss-cross our nation, there’s much, much more that needs to be built in order to catch up to the potential resources E+P companies are targeting.  

Two obvious areas for midstream growth present themselves as worthy of investment, the Marcellus and the Bakken –…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News