Insight
US crude exports: Corpus Christi about to boom
Report summary
The US crude midstream machine for most of its history has been focused on importing crude and distribution to US demand centers. Surging growth from the US Lower 48 is changing everything. The story is evolving for midstream operators to now focus on how to most efficiently get growing US crude production into export markets. Key questions around how this story will play out will be: How much US crude will ultimately require export? What markets will take light US shale crude, why, and how will it price? Logistically which export hub will benefit disproportionately from this theme? Is there enough infrastructure in place to handle the surging volume level that will require export in coming years?
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