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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360ยบ

Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf Coast, traded at a $1.31 crude futures. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 premium to U.S. That compared to a $1.47 premium last year. million, 4.2%

Refinery 130
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Sierra Club Asks Court to Ban Use of Legacy DOT-111 Tank Cars

The Energy Law

As if crude producers and midstream transportation companies donโ€™t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.