Skip to content
Subscriber Only

Shale Surge Crashes Into Bottlenecks From Pipelines to Ports

  • WTI-Brent spread widens to $9, most since exports began
  • Barclays sees ‘shock’ to crude market from pipeline shortages
Updated on

The U.S. shale surge is crashing headlong into a barrage of bottlenecks.

From West Texas pipelines to Oklahoma storage centers and Gulf Coast export terminals, the delivery system for American crude is straining to keep up with soaring production. That’s limiting the industry’s ability to take full advantage of growing worldwide demand, with U.S. barrels forced to take an a $9-a-barrel price discount to international crude.