Through careful analysis of refinery and crude oil exports data EnSys, working in conjunction with a tanker tracking organization, analyzed in detail the destinations for US crude oil and condensate exports from the Gulf Coast in late 2019 / early 2020. The goal was to provide insights into the specific refineries – and the types […]
Continue ReadingThis Overview is part of our North America Logistics Review subscription service. During the month of January, EIA published its Short-Term Energy Outlook (STEO), including price projections for the next two years: WTI and Brent are expected to average respectively $38 and $40 per barrel in 2016 and $47 and $50 in 2017. In 2015, […]
Continue ReadingThis Overview is part of our North America Logistics Review subscription service. The energy industry ushered in 2015 in a low price environment. Through year-end 2015, oversupply in the market, coupled with data indicating weak demand growth in China, continued to exert strong downward pressure on crude prices. On the supply side, high inventory levels […]
Continue ReadingThis overview is part of our North America Logistics Review subscription service. Keystone XL – no go – for now After 7 years of review, U.S President Barack Obama rejected TransCanada’s proposed Keystone XL pipeline project citing that the project “would not serve the national interests of the United States.” TransCanada’s request to the State […]
Continue ReadingAs the price of crude oil continues to remain under $50 per barrel, supply, demand and price forecasts are being significantly revised and this, in turn, will continue to shape the investments being made in crude oil infrastructure throughout North America. In its Short-Term Energy Outlook (STEO), the EIA estimates that month over month U.S […]
Continue ReadingMartin Tallett participated in this CSIS forum “U.S. Refining and Crude Oil Exports: An Update” where he talked about potential world refinery markets for U.S. crude. EnSys Energy and ICF collaborated in the study “The Impacts of U.S. Crude Oil Exports on Domestic Crude Production, GDP, Employment, Trade, and Consumer Costs” for the American Petroleum […]
Continue ReadingAlthough the first three months of 2015 have shown some industry’s retraction due to sustained low crude prices, there are still plenty of developments which demonstrate the continued dynamism of the North America Crude Renaissance. For example, EIA data show that crude imports from Canada continue to increase. EIA reports that 3.2 mbd of Canadian […]
Continue ReadingDecember 2014 Overview from our North America Logistics Review Service – By way of update on last month’s commentary on crumbling crude oil export barriers, PEMEX is reportedly negotiating to receive US crude, the US Department of Commerce has released a regulation which eases re-export of foreign (read Canadian) crudes, this by allowing “incidental” contact […]
Continue ReadingNovember 2014 Overview from our North America Logistics Review Service – Last month’s overview focused on how logistics expansions are moving to the point where sweet crude imports have been largely eliminated; the next tranche being the 2 million barrels per day (bpd) or so of medium sour grades, with implications for increases in both the […]
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The American Petroleum Institute releases the study “The Impacts of U.S. Crude Oil Exports on Domestic Crude Production, GDP, Employment, Trade, and Consumer Costs” prepared by ICF International and EnSys Energy. The study shows that exports of crude oil could create up to 300,000 additional U.S. jobs in 2020 and shave billions off fuel costs […]
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