Oil Gathering, Crude Oil Storage and Terminalling Solutions
Austin, Texas
Follow us on Twitter: |
Oil Gathering
www.OilGathering.com
What
is Oil
Gathering?
Oil Gathering is similar to Gas Gathering as both sectors are in the "midstream" sectors of the oil and natural gas industries.
Oil gathering systems are the physical facilities that accumulate and transport crude oil from the well where the oil gas exits the wellhead, to an acceptance/injection point for an oil pipeline, midstream point or terminalling operation.
What is a "Contango"?
"Contango" has been in the news lately relating to Crude Oil Storage, and the lack of adequate supplies for crude oil storage. In crude oil storage, contango exists when the futures price (also known as the " forward price") of oil (or other commodity) is higher than the anticipated spot price of oil.
In a contango
scenario, market " hedgers" of that commodity as well as arbitrageurs
and speculators willingly pay more now for oil at some point in the future than the actual expected price of the commodity
at that future point in time. This typically occurs as the market-makers
(arbitrageurs and speculators) prefer to pay a premium to have the oil in the future rather than
incurring the costs of crude oil storage and carrying costs of buying oil today.
The opposite market condition of contango is "backwardation." A market is
in backwardation when the future price of oil is below the expected future spot price for
oil. This is favorable for those investors who have " long" positions since they want the futures price
of oil to rise.
|
info@OilGathering.com
“spending
hundreds and hundreds and hundreds of billions of dollars every year for
oil, much of it from the Middle East, is just about the single stupidest
thing that modern society could possibly do. It’s very difficult to think of anything
more idiotic than that.”
~ R. James Woolsey, Jr., former Director of the CIA
According to R. James Woolsey, for Director of the Central Intelligence Agency, “The basic insight is to realize that global warming, the geopolitics of oil, and warfare in the Persian Gulf are not separate problems — they are aspects of a single problem, the West’s dependence on oil.”
We deliver solutions:
Acquisitions
Advertising
Business
Development
Capital Access
Divestments
Engineering
EPC
Marketing Strategies
Investment opportunities
Investor inquiries
Project Development
Public
Relations
Sales Solutions
Strategic Marketing
That produce results:
Increased
sales
New
customers
Greater
market share
Competitive advantage
Increased
shareholder value
American Energy Plan
sm
www.AmericanEnergyPlan.org
3-5 million new jobs
Fuel Savings of > $1.50/gallon
American Energy Independence
Ends the worst economic depression of all time
Crude
Oil Storage
www.CrudeOilStorage.com
Desulfurization
www.Desulfurization.com
Support America's Domestic Oil and Gas
resources and companies
Energy
Investment Banking
___________________________________________
www.EnergyInvestmentBanking.com
Enhanced
Oil Recovery
www.EnhancedOilRecovery.com
Gas
Dehydration
www.GasDehydration.com
Gas
Gathering
www.GasGathering.com
Glycol
Dehydration
www.GlycolDehydration.com
H2S Removal
www.H2Sremoval.com
Heater
Treater
www.HeaterTreater.com
Midstream
Oil and Gas
www.MidstreamOilAndGas.com
NGL
Recovery
www.NGLrecovery.com
NO FOREIGN OIL!
Support America's Domestic
Oil and Gas
resources and companies
Stranded Gas
www.StrandedGas.com
Terminalling
www.Terminalling.com
Upstream Oil and Gas
www.UpstreamOilAndGas.com
Vapor
Recovery Unit - VRU
www.VaporRecoveryUnit.com
VOC
Emissions
www.VOCemissions.com
Waste Heat
Recovery
www.WasteHeatRecovery.com
#OilGathering
Oil Gathering
www.OilGathering.com
info@OilGathering.com
OilGathering.com
Copyright © 2013
All rights reserved