A couple of years ago, in the first quarter of 2019, the Enterprise Hydrocarbons Terminal in Houston was at the top of the crude-exports leaderboard, followed by Energy Transfer’s Nederland Terminal and Moda Midstream’s facility in Ingleside, TX. The competition for barrels and the top-spot ranking among the Gulf Coast’s crude oil export terminals is like any good PGA tournament or NASCAR race, with lots of changes in who’s out in front and the ever-present possibility of a surprise - the export-market equivalent of an eagle at the last hole at the Masters or a spin-out and multicar crash on the last lap at the Daytona 500. In today’s RBN blog, we discuss these changes and their effects. and Canada - have spurred changes in traditional pipeline-flow patterns and may breathe new life into oil-export activity at the Louisiana Offshore Oil Port and the Beaumont-Nederland area in Texas. Lately, handfuls of pipeline projects and refinery closures - plus increasing regional crude oil production in both the U.S. Sometimes, it’s a more complicated combination of projects and events that, as a group, cause not-so-subtle shifts in how things are done. hydrocarbon markets, supply and demand dynamics were turned on their head and waves of projects had to be built to handle surging production in suddenly supercharged shale plays like the Bakken, Appalachia, and Permian and to serve new markets, most notably exports. For example, when the Shale Revolution transformed and disrupted U.S. That’s not to say they can’t shift the landscape of the areas they serve. They’re privately, rather than publicly backed and so they must be commercially justified, which means they need to serve a specific purpose. In the energy industry’s midstream sector, things work a little differently. It’s possible for a single new infrastructure project to be a game-changer - the Transcontinental Railroad comes to mind, and so do the New York City subway system and the Hoover Dam.
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