June 2020, Vol. 247, No. 6

Editor's Notebook

In Texas, Every Little Bit Helps

By Michael Reed, Editor-in-Chief To quote the frequently quotable Kelcy Warren during a recent network TV interview, “Every day storage is not filled is a day saved for the producer.” He is, of course, right in his simple assessment, which probably would have faded from my memory almost immediately had the Energy Transfer CEO not referenced a strategy that might add a few days to what has stunningly become a zero-capacity timeline.   “We are looking at just taking idle pipelines and putting oil in those pipes,” Warren told the Fox moderator matter-of-factly. “Believe it or not, you can find a few million barrels of capacity doing that.”  Warren did not elaborate

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