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Thursday, May 17, 2012

Upstream, Downstream, and Now Midstream -- RBN

I'm sure the term "midstream" has been used in the oil and gas industry "forever." But when I was growing up, it was just "upstream" and "downstream." But about six months ago, I don't think it was even a year ago, I started seeing "midstream" everywhere.

Today, RBN Energy has a story which corroborates a story I posted yesterday: "midstream" is going to be in the news for quite some time. The US pipeline network is severely challenged by the immense amount of oil, natural gas, and natural gas liquids that are being produced.

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