Energy Market

If you have been around the energy markets long enough, you know crude oil has a flair for the dramatic. When it sells off, it does not just trickle down; it falls off a cliff. The rebound is vicious, fast and usually overdue when it finally wakes up. The trick, as always, is understanding the...

Plains All American Pipeline, L.P. (NYSE: PAA), an owner and operator of midstream energy infrastructure and logistical services for the energy market, announced last Friday a plan to cut $1.4 billion of its debt, selling certain assets and reduce payments to its general partner as part of a...