The midstream energy sector is a different and potentially darker place than it was in 2007 and early 2008, according to Standard & Poor’s Ratings Services (S&P). Although the credit market turmoil that began with the demise of Lehman Brothers in September 2008 has moderated, S&P said it believes the effects of the credit crisis will continue to define the risks and opportunities for the midstream sector next year.
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S&P: Credit Crisis Effects to Linger in Midstream
The midstream energy sector is a different and potentially darker place than it was in 2007 and early 2008, according to Standard & Poor’s Ratings Services (S&P). Although the credit market turmoil that began with the demise of Lehman Brothers in September 2008 has moderated, S&P said it believes the effects of the credit crisis will continue to define the risks and opportunities for the midstream sector next year.
October 14, 2009
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