Seeking Alpha

Energy industry execs seek more condensate export permits

  • More energy firms are seeking to export condensate after a landmark ruling last month tweaked the definition of the ultralight oil, stating it was not considered crude once it was distilled.
  • Enterprise Product Partners and Pioneer Natural Resources have already received permission from the Commerce Department and the U.S. energy industry is now demanding more permits.
  • ETFs: USO, OIL, UCO, SCO, BNO, DTO, DBO, CRUD, USL, UWTI, DWTI, DNO, SZO, OLO, OLEM, TWTI
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