Widening Discount between WTI-Midland and WTI-Cushing
Surging production in the Permian Basin has exceeded the pace of pipeline development, depressing the price of West Texas Intermediate (WTI) and West Texas Sour (WTS) crude oils at the nearby hub in Midland, Texas.
Finding Value among the High Flyers
Alon USA Partners LP was one of the top-performing publicly traded partnerships when it debuted on the New York Stock Exchange in 2012. Although the stock tumbled by 30 percent the next year, we see reasons to be bullish on this name in 2014.
