Midstream Pipeline Operators Poised to Benefit from Trump's Fuel Economy Rollback
The recent rollback of U.S. fuel economy standards by Trump in early 2025 has shifted attention towards traditional energy, specifically midstream pipeline operators.
Chevron is one such operator that benefits from this policy shift due to its extensive pipeline and storage network that facilitates the movement of oil and gas volumes.
The company's international upstream operations generated $55.1 billion in revenue, while its downstream activities contributed $82.5 billion.
Enbridge is another notable player, with its liquids and gas pipelines well-suited for increased throughput due to the 2025 permitting push.
Cenovus Energy rounds out this trio of midstream operators, with its gathering systems and terminals closely tied to its own upstream production.