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E&P Activity At A High, E&P Efficiency Slows

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Oil Draws Below 5yr Avg

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Oil Update

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Oil Update

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Oil Update

The numbers below do not take into account Exxon restarting Baytown very soon that will take another 600,000bbl/day off the market.

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E&P Index Hits Highs and Baytown Restarting

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How the Permain Became King

We have several investments in the Permian that will profit for decades because of this…….

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Refining Inputs Rising….Inventory Falling

As we’ve been saying for a while now, as refining inputs increased to more normal levels, inventories would fall…