Some very interesting developments on the oil and gas front this week related to the Permian Basin: Reuters reports that crude loadings at the Port of Corpus Christi (PortCC) rose to a record 1 million barrels of oil per day (bopd) last week, after two major new pipelines carrying Permian Basin oil - EPIC and Cactus II - went into service. Those lines have a total capacity of more than 1 million bopd, so the near-doubling of deliveries from July's average of 525,000 bopd is not surprising. As I wrote last month, PortCC and its CEO, Sean Strawbridge, have managed a furious level of new development over the past two ... (full story)