Midland/Magellan East Houston… EIA

by Jim Colburn • Wednesday, April 11, 2018

This is from the EIA’s Short Term Energy Outlook released yesterday:

“Crude oil production in the Permian region of Texas and New Mexico could be facing pipeline constraints, which is reflected in a widening discount of WTI Midland crude oil prices to Magellan East Houston crude oil prices. The WTI Midland price discount settled at -$8.70/b on April 5, the largest discount since price postings for Magellan East Houston began in 2016…”

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