Fairplay: America Debuts Field Condensate Exports

“Poten & Partners cited two key takeaways from the rulings: ‘One, this could be the first real inkling of Washington getting hip to the ability of producers to find ways around arcane regulations. Two, a multibillion-dollar industry could potentially change overnight with the stroke of a pen.” “Poten & Partners believes that ‘while an actual reversal in the export ban is very unlikely before the mid-term elections in November, these [condensate] developments should be taken seriously. The public reaction, seemingly muted at the moment, may suggest that crude oil exports are more palatable than was historically assumed.”