High inventory will keep prices stable, says Greg Haas of Stratas Advisors; NGL prices struggle in the past week.
Is the sector taken for granted?
There are growing opportunities to use the abundant resource close to home—stimulating economic growth and creating jobs.
A major gas transmission provider has major plans for moving Appalachian gas to market.
There have been major regulatory changes impacting the midstream.
Crestwood’s Northeast operations include a large-scale NGL marketing and logistics business, a world-class storage and transportation joint venture with Con Edison, and an 875 MMcf/d gathering system in West Virginia.
Speaking at the Marcellus-Utica Midstream Conference, The Williams Cos. said export demands will fuel need for additional supply growth through 2028.
Untapped gas markets in New York and New England loom just out of reach, thanks to state regulators.
The North American midstream increasingly has a foreign flavor, as new markets open overseas and foreign investors show interest in the sector’s comparatively predictable returns.
The midstream faces crosscurrents as it pursues capital for the needed buildout to serve producers.