CD Royalty Loans

Oil/Petroleum

As cash flow flattens, major energy companies increase debt, sell assets

Source: U.S. Energy Information Administration, based on Evaluate Energy database Note: Annualized means each point on the graph is the sum of the previous four quarters. Thus, the first-quarter 2014 results on an annualized basis mean the data represent the sum of…

Gulf Coast and Midwest pushing total U.S. petroleum refineries to record levels

Gulf Coast and Midwest pushing total U.S. petroleum refineries to record levels

Refineries in the Midwest and Gulf Coast in particular pushed the total U.S. input volume upward, as these refiners’ access to lower-cost crude oil, expansions of refining capacity, and increases in both domestic demand and exports contributed to higher refinery runs.