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S&P cuts Chesapeake Energy's rating; export of distillates out of Houston Ship Channel increases

Jeff Mower, editor-in-chief of Platts Oilgram Price Report, speaks to Bill Holland, Gas Daily editor, and Clint Stephens, US Gulf coast distillates editor, about Standard & Poor's cutting Chesapeake Energy's corporate credit rating due to questions about their CEO's having a share in each of the natural gas producer's wells. They also discuss delays on the Houston Ship Channel due to increased distillate exports, which is turning into the new normal.

This is the latest in a series of weekly podcasts aimed at highlighting significant news stories from around the energy world. Check back every week for the latest update.

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