Moving The Goods

摘要

Two large midstream operators, Crestwood Midstream Partners and Inergy LP, recently agreed to merge in a complex transaction worth an estimated $7 billion, highlighting that moving crude oil to market has become a very big business in a very short time. Inergy was a pioneer in crude by rail (CBR), acquiring and completing a unit-train loading terminal at Epping, North Dakota, and now the combination with Crestwood is expected to give the larger combined entity the physical base and the wherewithal to replicate the multimodal model.