Energy Market Commentary // Permian

Lack of Heavy Crude Weighing on US Refiners

May 28, 2019 |
Ahead of IMO 2020, which requires ships globally to use fuels with a sulfur content below 0.5% from 3.5% currently, many thought an opportunity was emerging for US refiners. Complex US refineries could capitalize on an expectation of widening...
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How Low Can Waha Natural Gas Prices Go?

April 4, 2019 |
Waha natural gas cash prices traded as low as a negative…yes negative…$6.60/MMBtu on April 3 and averaged for the day nearly $3.75/MMBtu below zero. Permian producers are paying for the right to produce oil, avoid flaring, and potentially not...
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Drilling Bans Coming to a State Near You?

February 14, 2019 |
Environmental pressures continue to mount on the oil and gas industry in North America. In the last week, two states and Congress proposed new regulations on hydraulic fracking to limit future oil and gas development. The Oregon legislature has...
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