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.
A decade ago, the first LNG cargo produced in the Lower 48 was exported from Sabine Pass. Now, feedgas demand for LNG has surpassed 20 Bcf/d for the first time. Today, we look at how we got here, the recent stall in feedgas volumes, and where U.S. export demand is heading in the years to come.
Building an oil or gas pipeline can be a heavy lift, but getting permission to do it can take even longer. Years of reviews, agency coordination and courtroom battles have delayed projects and driven up costs. Today, we look at the permitting reform bill being considered by Congress and what it would do.
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.
Texas has plenty of the ingredients needed to support a major buildout of hydrogen and carbon capture and storage (CCS), including abundant natural gas, extensive energy infrastructure and access to international markets, but another essential input — water — could prove harder to secure, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
The volumes of Permian natural gas flowing into the Katy area west of Houston will be increasing sharply, as will gas demand from LNG export terminals near the Texas/Louisiana border. Three new pipelines are being developed to move gas from between Katy and the state line, but will they be enough?
U.S. oil and gas rig count was unchanged at 603 for the week ending October 16 according to Baker Hughes data, holding above 600 for a second consecutive week.
In Western Canada the active gas-directed rig count fell by five rigs to 65 rigs, more than reversing the prior week’s gain of four rigs, while the oil-directed rig count rose for the third straight week, inching up by one to 148 rigs, for the week ended October 16, according to Baker Hughes data
Global refining is entering a new phase. After decades of capacity growth centered in China and the Middle East, the baton is passing to India. Today, we examine India’s long-term goals, the kinds of projects underway, and how the U.S. is playing a role in their development.
NATGAS Permian is a weekly natural gas fundamentals analysis focusing entirely on the key market drivers within the Permian basin. The report contains details and forecasts around natural gas production, demand, pricing, and a summary of pipeline outflows and capacities from the Permian to neighboring regions.
Northeast natural gas prices were very low last week, as demand slumped lower. However, LNG feedgas from the region has now returned which to provide more demand as fall weather gets chillier.
U.S. propane inventories posted a second straight draw, led by a 1.9-MMbbl decline on the Gulf Coast. Total stocks remain 14% above the five-year average, but the surplus sits entirely in PADD 3, while Midwest stocks have slipped below the five-year average heading into winter.
The developer of a planned natural gas pipeline across North Dakota has reached FID after securing long-term, demand-side commitments for almost all its 1.4 Bcf/d of capacity. The question is, will WBI Energy’s Bakken East Pipeline leave the Bakken with way too much gas takeaway space?
