# East Daley

> Get unparalleled oil and gas midstream insights with East Daley's trusted analysis\. Discover opportunities with our energy intelligence\.

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## Pages
- [Careers](https://eastdaley.com/careers)
- [Our Team](https://eastdaley.com/about/our-team)
- [Brian Binford](https://eastdaley.com/about/our-team/brian-binford)
- [Johnny Fry](https://eastdaley.com/about/our-team/johnny-fry)
- [Rob Wilson](https://eastdaley.com/about/our-team/rob-wilson)

## Crude Oil Edge
- [US Can Backfill Only So Much of Global Crude Supply Gap](https://eastdaley.com/crude-oil-edge/us-can-backfill-only-so-much-of-global-crude-supply-gap): Middle East supply disruptions have pushed WTI above $100/bbl, increasing pressure on the US to supply more crude and refined products to the global market\. However, tight Permian pipeline capacity, dock limitations and high refinery utilization mean the US can only provide a limited near\-term response\.
- [Enbridge Expands Routes to Cushing With $2\.55B Tallgrass Acquisition](https://eastdaley.com/crude-oil-edge/enbridge-expands-routes-to-cushing-with-2-55b-tallgrass-acquisition): Enbridge is extending its turf through the Rockies to Cushing\. The company has inked an agreement to purchase Tallgrass Energy’s crude oil portfolio for $2\.55B in cash\.
- [Permian Growth Story Broadens Following 2Q26 Earnings](https://eastdaley.com/crude-oil-edge/permian-growth-story-broadens-following-2q26-earnings): Permian growth is becoming more broad\-based in 2026, with Exxon still leading but Diamondback, Permian Resources, Matador, OXY and ConocoPhillips all contributing meaningful production gains\.
- [The Easy Expansions are Growing Scarce out of Permian](https://eastdaley.com/crude-oil-edge/the-easy-expansions-are-growing-scarce-out-of-permian): Permian crude takeaway still has room to grow, but the pool of viable brownfield expansion projects to the Gulf Coast is shrinking\.
- [Western Gateway FID Takes Aim at California’s Tightening Products Market](https://eastdaley.com/crude-oil-edge/western-gateway-fid-takes-aim-at-californias-tightening-products-market): California's refined products market is back in the spotlight after Phillips 66, Kinder Morgan and HF Sinclair reached a final investment decision on the Western Gateway Pipeline\.

## Fundamentally Speaking
- [Kinetik Rides Post\-Earnings Momentum](https://eastdaley.com/media-and-news/kinetik-rides-post-earnings-momentum): Exec Summary: Market Movers: Kinetik Holdings shares gained after 1Q25 earnings, boosted by bullish CEO commentary\. Rigs: $60 oil prices are dragging rig counts down on several G\&P system in the Permian Basin\. Flows: Volumes averaged 47\.4 Bcf/d for the week of April 28, down 1% from 1Q25\.
- [Wider Propane Spreads Likely to Boost ONEOK](https://eastdaley.com/fundamentally-speaking/wider-propane-spreads-likely-to-boost-oneok): Exec Summary: Market Movers: ONEOK could see upside from wider Conway\-Mont Belvieu propane spreads\. Rigs: $60 oil prices and market volatility continue to affect rig activity in the Permian\. Flows: Volumes averaged 48\.4 Bcf/d for the week of May 5, up 1% from 1Q25 Calendar: EDA provides updated Texas plant volumes 05/27
- [EPD, ET Vulnerable from New NGL Export Restrictions](https://eastdaley.com/fundamentally-speaking/epd-et-vulnerable-from-new-ngl-export-restrictions): Exec Summary: Market Movers: Kinetik Holdings shares gained after 1Q25 earnings, boosted by bullish CEO commentary\. Rigs: $60 oil prices are dragging rig counts down on several G\&P system in the Permian Basin\. Flows: Volumes averaged 47\.4 Bcf/d for the week of April 28, down 1% from 1Q25\.
- [ONEOK Beefs Up with $940MM Delaware Acquisition](https://eastdaley.com/fundamentally-speaking/oneok-beefs-up-with-940mm-delaware-acquisition): Exec Summary: Market Movers: Kinetik Holdings shares gained after 1Q25 earnings, boosted by bullish CEO commentary\. Rigs: $60 oil prices are dragging rig counts down on several G\&P system in the Permian Basin\. Flows: Volumes averaged 47\.4 Bcf/d for the week of April 28, down 1% from 1Q25\.
- [$5\.6B EOG\-Encino Deal Shines Spotlight on Northeast](https://eastdaley.com/fundamentally-speaking/5-6b-eog-encino-deal-shines-spotlight-on-northeast): Exec Summary: Market Movers: Kinetik Holdings shares gained after 1Q25 earnings, boosted by bullish CEO commentary\. Rigs: $60 oil prices are dragging rig counts down on several G\&P system in the Permian Basin\. Flows: Volumes averaged 47\.4 Bcf/d for the week of April 28, down 1% from 1Q25\.

## Case Studies
- [Full Energy Supply Chain Transparency with Energy Path™](https://eastdaley.com/case-studies/full-energy-supply-chain-transparency-with-energy-path)
- [Energy Path™ \- Northeast NGL](https://eastdaley.com/case-studies/energy-path-northeast-ngl): Energy Path enables users to trace the journey of every molecule of oil and natural gas from its origin at the wellhead, through processing and transportation, to final demand points\. With real\-time insight into each molecule’s pathway, Energy Path offers unmatched transparency and operational control across the full natural gas production and delivery chain\.
- [Northeast Natural Gas Supply and Demand](https://eastdaley.com/case-studies/northeast-natural-gas-supply-and-demand): The Northeast is stepping into a commanding role in North America's natural gas landscape\. With surging production, evolving takeaway options, and shifting regional demand, the area is no longer just a supply center — it's becoming a strategic hub for domestic and export flows alike\.
- [Energy Path™ \- Northeast Natural Gas](https://eastdaley.com/case-studies/energy-path-northeast-natural-gas): Energy Path enables users to trace the journey of every molecule of oil and natural gas from its origin at the wellhead, through processing and transportation, to final demand points\. With real\-time insight into each molecule’s pathway, Energy Path offers unmatched transparency and operational control across the full natural gas production and delivery chain\.
- [NGL Northeast Supply and Demand](https://eastdaley.com/case-studies/ngl-northeast-supply-and-demand): The Northeast Basin is emerging as a pivotal force in North America’s natural gas liquids \(NGL\) sector, driven by strong production momentum and rapidly evolving infrastructure\. As the region transitions from a production\-centric role into an integrated NGL market hub, companies operating across the value chain must reassess how they model risk, price volatility, and operational strategy\.

## Daley Note
- [ET Needs Other Levers to Make $2\.625B Vaquero Deal Work](https://eastdaley.com/daley-note/et-needs-other-levers-to-make-2-625b-vaquero-deal-work): Energy Transfer agreed to acquire Vaquero Midstream for $2\.625B, a premium price that implies fees above any Delaware Basin G\&P peer\. The deal only works if ET can capture downstream value from Vaquero's natural gas and NGLs on its own network – and securing those barrels \.\.\. 

- [The Permian Is Running Out of Road — and the Market Isn’t Pricing It](https://eastdaley.com/daley-note/the-permian-is-running-out-of-road-and-the-market-isnt-pricing-it): The crude oil highway from the Permian to the US Gulf Coast is getting crowded, but you would hardly know it from the market\.

- [Asia’s Thirst for US Shale Moves to the Marcellus\. Can Pipes Keep Up?](https://eastdaley.com/daley-note/asias-yen-for-us-shale-moves-to-the-marcellus-can-pipelines-keep-up): South Korea’s POSCO International has agreed to purchase Chord Energy's Marcellus gas assets for $550MM, the latest entry by an Asian consumer into the US gas patch\. The deal highlights a theme East Daley sees emerging: Buying US gas is not the same as moving it to an LNG terminal\.

- [VLEC Fleet Growth Sets Up Next Leg of US Ethane Wave](https://eastdaley.com/daley-note/vlec-fleet-growth-sets-up-next-leg-of-us-ethane-wave): The global ethane shipping fleet is entering its largest expansion cycle to date, removing a key physical constraints on future US ethane exports\.

- [Up to Snow Good: Looser Winter Market Creates Risk for Gas Bulls](https://eastdaley.com/daley-note/up-to-snow-good-looser-winter-market-creates-risk-for-gas-bulls): East Daley Analytics expects a looser natural gas market balance to prevail in the coming 2026\-27 heating season, creating some downside risk for prices next year\.


## NGL Insider
- [Energy Transfer's Vaquero Deal Only Works With Downstream Control of Gas, NGLs](https://eastdaley.com/ngl-insider/energy-transfers-vaquero-deal-only-works-with-downstream-control-of-gas-ngls): Energy Transfer agreed to acquire Vaquero Midstream for $2\.625B, a price that implies fees above any Delaware Basin G\&P peer\. The deal only works if ET captures the downstream value of Vaquero's gas and NGLs on its own network – and securing those barrels may be increasingly important as competition for Permian NGL supply intensifies\.
- [A US Diesel Export Ban Would Also Roil NGL Markets](https://eastdaley.com/ngl-insider/a-us-diesel-export-ban-would-also-roil-ngl-markets): The White House is reportedly considering a 90\-day US diesel export ban to ease record prices ahead of the midterms, a  measure that could disrupt oil markets without materially lowering domestic prices\.
- [VLEC Fleet Growth Sets Up the Next Leg of US Ethane Exports](https://eastdaley.com/ngl-insider/vlec-fleet-growth-sets-up-the-next-leg-of-us-ethane-exports): The global ethane shipping fleet is entering its largest expansion cycle to date, removing a key constraints on future US ethane exports\.
- [Repauno Expansion Adds Northeast NGL Relief Valve](https://eastdaley.com/ngl-insider/repauno-expansion-adds-northeast-ngl-relief-valve): The Repauno Phase 2 expansion remains on track to start in early 2027, increasing East Coast LPG export capacity and providing another outlet for Northeast NGL production\.
- [High Nitrogen Content Dogs Some LNG Projects](https://eastdaley.com/ngl-insider/high-nitrogen-content-dogs-some-lng-projects): Elevated nitrogen content in natural gas flowing from the Permian Basin is creating operational hazards for some LNG exporters, particularly Cheniere Energy's Corpus Christi LNG terminal\.

## Burner Tip Posts
- [EDA Lowers Gas Forecast on Iran War, Higher Oil Prices](https://eastdaley.com/the-burner-tip/eda-lowers-gas-forecast-on-iran-war-higher-oil-prices): East Daley Analytics has lowered our natural gas price forecast due to the ripple effects of the Iran conflict\.
- [Golden Pass Starts LNG Production, Shifting Gas Flows in the Haynesville](https://eastdaley.com/the-burner-tip/golden-pass-starts-lng-production-shifting-gas-flows-in-the-haynesville): Golden Pass LNG achieved first LNG production from Train 1 on March 30, with an initial cargo expected to depart in\.\.\.
- [Coal Plant Conversions Support Gas Demand Growth](https://eastdaley.com/the-burner-tip/coal-plant-conversions-support-gas-demand-growth): Despite vocal support from President Trump, the coal industry faces a bleak future as\.\.\.
- [Double E Expansion Targets Missing Link in Permian Growth Story](https://eastdaley.com/the-burner-tip/double-e-expansion-targets-missing-link-in-permian-growth-story): Summit Midstream \(SMC\) aims to fill this breach with a\.\.\.
- [At the Crossroads: Big Expansion Planned for Little Midwest Pipe](https://eastdaley.com/the-burner-tip/at-the-crossroads-big-expansion-planned-for-little-midwest-pipe): Crossroads is a 300 MMcf/d pipeline owned and operated by TC Energy \(TRP\) that spans just over 200 miles from northwest\.\.\.

## Test Posts
- [Post 3](https://eastdaley.com/test-posting/post-3)
- [Post 2](https://eastdaley.com/test-posting/post-2)
- [Post 1](https://eastdaley.com/test-posting/post-1)

## Webinars
- [Monthly Production Stream: September](https://eastdaley.com/webinars/monthly-production-stream-september26): Will US LNG demand float all boats?  Crude and NGL constraints will impact gas production levels in the Permian in particular\.  What botlenecks are there and how are they remedied?
- [Monthly Production Stream: August](https://eastdaley.com/webinars/monthly-production-stream-august): Previeiwing sources of structural demand growth to kick off 2027\.  Who's going to supply it and what infrastructure needs to be in place?
- [Monthly Production Stream: July](https://eastdaley.com/webinars/monthly-production-stream-july): Reading the signals and staying ahead of the curve \- explaining the increasingly volatile crude oil, NGL and natual gas markets\.  
- [Monthly Production Stream: April](https://eastdaley.com/webinars/monthly-production-stream-april): What will producers do with a 2027 WTI strip over $70 per barrel? How does bullish oil impact the natural gas and NGLS landscape?  
- [Monthly Production Stream: May](https://eastdaley.com/webinars/monthly-production-stream-may): Midstream valuations are changing \- utilization is high, capacity comes at a  premium\.  A rerate is in the works\.  

## Events
- [NatGas to Power Forum](https://eastdaley.com/event/natgas-to-power-forum)
- [LDC Gulf Coast Forum](https://eastdaley.com/event/ldc-gulf-coast-forum)
- [GPA Midstream](https://eastdaley.com/event/gpa-midstream)
- [LDC Midcontinent Forum](https://eastdaley.com/event/ldc-midcontinent-forum)
- [SuperDUG](https://eastdaley.com/event/superdug)

## Optional
- [Sitemap index](https://eastdaley.com/sitemap_index.xml)