Insight
Condensate Export Policy: Manna or Mirage?
This report is currently unavailable
Report summary
The June 24th announcement by the US Department of Commerce concerning a private ruling lead many to believe that a change had been made to the export policy. However, close inspection reveals that the ruling upheld the definition of what is exportable. The ruling and actions indicate that the market is beginning to test the definitions regarding the export ban and could indicate the beginning of easing of US export restrictions, especially as it regards lease condensates.
Table of contents
- Executive Summary
- Regulations
- Refining
- Growing Light Crude Discount
- Further Implications
Tables and charts
This report includes 5 images and tables including:
- Figure 1: Eagle Ford Production by Operator Share
- Figure 2: Export Pathways to Market
- Figure 3: USGC Crude Slate and Refinery Configuration
- Figure 4: Crude Price Differential Composition
- Figure 5: Sensitivity of Crude Price Discount to Additional LTO Volume
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