This 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. US Pipeline Projects are Moving Ahead The Association of Oil Pipe Lines (AOPL) and the American Petroleum Institute (API) released their 2015 US Liquids Pipeline Usage & Mileage report. US crude pipeline mileage grew by an estimated 12,000 miles from 2010 to 2015. […]
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 ReadingThis overview is part of our North America Logistics Review Services. Pipeline Project Updates Various pipeline developments occurred throughout the month of September. Oryx Southern Delaware Oil announced an open season for its Oryx Trans Permian Oil Pipeline System (OTP), a gathering system with capacity from 160,000 bpd to 220,000 bpd to serve the southern […]
Continue ReadingMonthly Overview from EnSys North America Logistics Review Service – February 2015 edition Keystone XL Saga After the U.S. Senate approved a bipartisan bill to start the construction of the Keystone XL pipeline, U.S. President Barack Obama vetoed the bill, arguing that the bill would undercut the longstanding process for determining if projects serve the […]
Continue ReadingPresident Barak Obama vetoed legislation that aimed to authorize the Keystone XL pipeline project. EnSys Energy has worked with the US Department of State and Energy since 2010 analyzing the impacts of this project in the oil markets.
Continue ReadingJanuary 2015 Overview from our North America Logistics Review Service – Multiple developments in the crude logistics arena confirm that, even though the industry has been shaken by the drop in crude prices, significant new pipeline capacity will likely come on line in the next two years although the outlook for further rail expansion looks […]
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As in 2010 and 2011 when EnSys prepared major studies on Keystone XL, in this FSEIS, EnSys undertook extensive WORLD modeling underpinning the Market Analysis, (Chapter 1.4), and related sections of the report. Press inquiries may be directed to Imani Esparza at the Department of State. The Department of State’s Keystone XL FSEIS released on March […]
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EnSys Energy & Systems Inc. and Navigistics Consulting concluded in a report issued as part of the US Department of State’s final environmental impact statement (FEIS) on TransCanada’s proposed Keystone XL crude oil pipeline that it is “almost impossible…to conceive of a situation” wherein the anticipated 1.4 million b/d growth in Western Canadian Sedimentary Basin […]
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