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  • C’mon N’ Ride It – Common-Carrier Rules Shape Liquids Pipelines, But Open Seasons Remain Crucial

    C’mon N’ Ride It – Common-Carrier Rules Shape Liquids Pipelines, But Open Seasons Remain Crucial
    2026/06/30
    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.
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    14 分
  • The Long Run – How the U.S. Upstream Operations of the Integrated Majors Compare with Independent E&Ps

    The Long Run – How the U.S. Upstream Operations of the Integrated Majors Compare with Independent E&Ps
    2026/07/01
    For decades, the major integrated oil companies have been judged by their global scale, diversified business models and shareholder returns. But are their U.S. upstream businesses competitive? Today, we provide answers that may surprise many investors.
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    16 分
  • Jambalaya on the Bayou – More on Louisiana Refineries and How They Get Their Crude Oil

    Jambalaya on the Bayou – More on Louisiana Refineries and How They Get Their Crude Oil
    2026/07/02
    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.
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    11 分
  • Money for Nothing – Strong Margins for Minerals/Royalty Firms Spur Consolidation and an IPO

    Money for Nothing – Strong Margins for Minerals/Royalty Firms Spur Consolidation and an IPO
    2026/07/08
    M&A activity in the oil and gas minerals/royalty space had quieted during a prolonged wave of major E&P consolidation. As that activity winds down, rising realizations for both oil and gas have spurred a major consolidation among royalty trusts as well as a recent successful initial public offering.
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    16 分
  • Flawless – Hyperscalers Taking Steps to Mitigate the Impacts of Their Skyrocketing Use of Natural Gas

    Flawless – Hyperscalers Taking Steps to Mitigate the Impacts of Their Skyrocketing Use of Natural Gas
    2026/07/06
    Many hyperscalers now acknowledge that they will rely heavily on natural gas-fired generation to power their new data centers, at least for the near term. But that conflicts with “net zero” goals, so many AI giants are moving to mitigate the environmental impact of their fast-rising gas use.
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    13 分
  • Runaway – Spike in the D4 Renewable Identification Number Price About More Than a Higher Mandate

    Runaway – Spike in the D4 Renewable Identification Number Price About More Than a Higher Mandate
    2026/07/09
    The price of the D4 Renewable Identification Number has increased 130% so far in 2026, a response to a 70% increase in the minimum bio-based diesel volume mandate and a higher price premium for soybean oil. Today, we analyze the additional factors at play, from theoretical and practical standpoints.
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    12 分
  • I Won’t Back Down – Developer Continues Pursuit of a Philadelphia-Area LNG Export Terminal

    I Won’t Back Down – Developer Continues Pursuit of a Philadelphia-Area LNG Export Terminal
    2026/07/10
    Efforts to develop a new LNG export terminal along the Delaware River near Philadelphia appeared to be going nowhere. But now it seems that Penn America Energy’s moribund plan for such a project has gained new life with a new company name and a new site — in Eddystone Borough, PA.
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    11 分
  • Flawless – More on How Hyperscalers Mitigate the Impacts of Their Fast-Rising Use of Natural Gas

    Flawless – More on How Hyperscalers Mitigate the Impacts of Their Fast-Rising Use of Natural Gas
    2026/07/13
    There are several approaches hyperscalers can take to mitigate the climate-related impacts of their increasing gas consumption for data centers. These include buying and retiring environmental credits; capturing and sequestering gas-plant CO2; and developing more renewables and nuclear capacity.
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    13 分