RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
Enbridge is buying Tallgrass Energy's crude oil transportation business for $2.55 billion. The deal includes a 75% stake in the 1,050-mile Pony Express Pipeline system, which connects oil production in the Rockies to Cushing and provides access to about 500 Mb/d of refining capacity.
Today, we look at why high crack spreads don’t necessarily increase a refinery’s output, how market disruptions elsewhere can drain U.S. inventories, and the indicators that will help tell us whether the diesel squeeze is easing (or worsening).
Crude Oil TradeView provides up-to-date data and insights into the behavior of differentials for 33 crude assessments across North America. Each week, it also walks you through the reasoning of why differentials widen, narrow, flip (premium vs. discount), or blow out.
The frac spread — a rough gauge of the value of extracting NGLs from raw gas — hit $6.15/MMbtu last week, its highest level since February 2024.
Summit Midstream is moving full speed ahead with its 900-MMcf/d expansion of the Double E Pipeline after it secured about 550 MMCf/d of long-term commitments to move natural gas from the Permian Basin’s Delaware Basin toward the Waha Hub.
U.S. oil and gas rig count gained three rigs to 591 for the week ending September 11 according to Baker Hughes data, as gains in the Bakken (+5), the Eagle Ford (+1) and the Niobrara (+1) more than offset a one-rig decline in Gulf of Mexico and a three-rig decline in All Other.
In Western Canada the gas-directed rig count rose by two to 64 rigs, while the oil-directed rig count was unchanged at 139 rigs, for the week ended September 11, according to Baker Hughes data.
Industry executive surveys in Q2 2026 and observations by oil service firms all reflect an optimism that suggests producers are warming to increasing activity to boost oil and gas output. The key question is whether that has translated into higher investment.
The Crude Voyager is a weekly analysis of U.S. Gulf Coast loading activity that explains the ebbs and flows of crude loadings, destinations, and geopolitical issues impacting U.S. exports. It outlines the major paths for laden tankers hauling U.S. crude all over the world and reflects the change in tanker departures to the main regions that consume U.S. crude.
On Day 2 of RBN and Novi Labs’ School of Energy in Houston, Novi Vice President of North American Energy Markets David Braziel spoke with Phillips 66 Vice President of Investor Relations and Chief Economist Sean Maher for a candid conversation about global developments reshaping U.S.
U.S. propane inventories reached an all-time high as a larger-than-expected build lifted Gulf Coast stocks to record levels.
The energy industry is grappling with dozens of questions about data centers, a hot topic that took center stage on the second day of RBN and Novi’s School of Energy.
Rock Graham, Manager, Origination & Producer Services at NRG Energy, discussed key considerations shaping data center development during a fireside chat at the Houston conference, including how to build projects the right way, navigate constraints, and weigh the potential benefits and concerns surrounding their long-term impact.
