US midstream standing at yet another critical juncture

At any time, the effectiveness of the US midstream sector to deal with challenges has depended on how well its companies accept certain realities and deal with issues they face.Currently, the business climate for the midstream sector is uncertain. Enron after-shocks, a sluggish economy, geopolitical events, and high-priced natural gas are only some of the larger issues testing the midstream sector. How midstream businesses react to these and other issues will determine the sector's future.Gaining a perspective of where the midstream sector might be headed requires a review of its history and past challenges, an examination of its current makeup, and a discussion of the abilities of mi...

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