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Ostensibly intended to guard energy companies from investor activism, the president’s executive order also carries some risk for the sector.
Carlyle-backed Lone Star Ports agreed to lease 200 acres along the port of Corpus Christi where it has proposed an oil export terminal and docks to load U.S. shale onto supertankers.
Midstream companies are working furiously to relieve takeaway and export constraints, but in the meantime, producers will feel the pain.