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.
Russia’s 2022 invasion of Ukraine not only led to the demise of Russian pipeline gas supplies to Europe and caused prices to spike, but it also helped create new arbitrage opportunities for U.S. LNG shippers. In today’s RBN blog, we look at the different approaches the U.S.
U.S. oil and gas rig count gained two rigs to 553 for the week ending March 13 according to Baker Hughes data, as gains in Gulf of Mexico (+2), Haynesville (+1), Niobrara (+1) and All Other (+1) outpaced declines in the Eagle Ford (-1), Bakken (-1) and Anadarko (-1).
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.
The prospects for Summit Carbon Solutions’ long-planned carbon capture and sequestration (CCS) project dimmed this week when a North Dakota judge revoked Summit’s permit to permanently sequester carbon dioxide (CO2) in underground storage.
Despite ongoing efforts by Pemex to boost production of gasoline, diesel and jet fuel, the Mexican market still depends on imports from the U.S. for just over half of its refined product needs.
The White House is considering a 30-day waiver of the Jones Act that would allow foreign tankers to move fuel from the Gulf Coast to the East Coast to ease U.S. gasoline prices.
There’s no shortage of debate around ethanol and gasoline with the summer driving season just around the corner.
Earlier today (Wednesday, March 11), the International Energy Agency (IEA) announced the unanimous decision across its 32 member countries to release 400 MMbbl of its emergency stockpile to alleviate supply pressures tied to the war in the Middle East.
The LNG Voyager weekly report provides subscribers with weekly updates of data, analysis and market intelligence on factors affecting feedgas and LNG export volumes, prices and infrastructure, including liquefaction and pipeline projects and capacity contracts.
U.S. propane inventories drew down last week but remain elevated, while PADD 1 supply remains tight.
With Canadian crude oil production continuing to grow, the industry and politicians are considering options to add pipeline export capacity out of Western Canada.
Golden Pass continues commissioning, and the first LNG is expected by the end of the month.
