Tag: pipeline

Brent-WTI Crude Price Spread: An Ever-Changing Dynamic In Commodity Futures

The price spread between the world’s most traded crude oil blends and the most actively traded commodities in the world generally track one another, but divergences often reflect technical, supply/demand, or geopolitical issues. Over the course of history, the spread between Brent crude and WTI blends has grown, shrunk, crossed paths, and reversed again countless times. As a result of reduced U.S. pipeline constraints, ongoing OPEC+ production cuts, and China purchasing record amounts of WTI crude oil, the spread between Brent and WTI crude oil prices has begun to shrink close to zero. The future may hold a reversal giving WTI prices the upper hand.

Pipeline Protests: A Decry of Fossil Fuels, not a Voice for the Environment

Pipelines transporting crude oil, natural gas, and refined products have been a controversial topic for lawmakers, environmental groups, and energy producers throughout the last decade. Since pipelines are the cleanest and safest method of transporting hydrocarbons, the logic behind these protests remains lost on many individuals. But, what the general public must understand is that many protesters are not necessarily trying to shut down pipelines, they are trying to eliminate the use of fossil fuels and force an immediate shift to renewable energy.

The Impact of U.S. Regulatory Bottlenecks on Domestic Production

Policy changes and regulation on domestic oil and gas activities have been enacted to ensure the oil and gas industry responsibly produces hydrocarbons while protecting both individual and environmental health and safety. Unfortunately, many recent changes to national or state level policies have hampered the advancement of the industry under the guise of public and environmental health and safety without foundational justification. In order to ensure the survival of a key pillar that supports the domestic economy as a whole, the true purpose of these policies must go hand in hand with the advancement of the industry without unjust hindrance.