Occasional Memo: 05.27.14

adobeDownload the Memo as a PDF

Summary: As the U.S. began its long holiday weekend, rumors circulated that the Obama Administration might announce a proposed rulemaking that would lead to the export of some lease condensates. As ESAI Energy has written before, the export of condensates could very well take place under some form of regulatory re-interpretation. If these rumors turn out to be true, we believe the “exportable surplus” would be in the neighborhood of 200-400,000 b/d.. Download Memo to Read More