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.
- Analyst Insight
Q1 2025 marked the lowest quarterly volumes for LOOP since the terminal began exporting in 2018.
- Analyst Insight
U.S. LNG Feedgas Fell Last Week
U.S. LNG Feedgas demand dropped last week. Alaska LNG, with Trump's support, is renewing its push to launch its LNG export project, targeting commitments from key Asian buyers in Japan, South Korea, and more. For more, see this week's LNG Voyager report.
- Analyst Insight
Natural Gas Price Bounces off $3/MMbtu Low
After hitting a two year high on March 10, the Henry Hub front month futures price crashed.
- Analyst Insight
U.S. Gulf Coast 3-2-1 Crack Spread - Chart Toppers
USGC refinery margins are on the move!
Diesel cracks jumped from $22 → $26/bbl, dragging the 3-2-1 crack spread up to $23.72/bbl. Gasoline finally caught a bid, rebounding above $22 just in time for driving season.


- Blog
Only Happy When It Rains - Counting on a Boom in Natural Gas Demand for Power?
Rising demand for electricity to serve data centers, manufacturing and other power-consuming sectors of the economy is spurring the development of scores of gas-fired plants — up to 100 gigawatts (GW) of new capacity by 2040.
- Analyst Insight
Permian Gas Production Dips on Maintenance
Waha gas prices remained in positive territory as production dipped last week during a Permian Highway maintenance event.


- Blog
Pictures of You - Regional Balances Tell the Tale of the U.S. Crude Oil Market
Over the past 15 years, the U.S.’s crude oil supply/demand balance has been transformed by the Shale Revolution.
- Analyst Insight
US oil and gas rig count adds two rigs, Climbs to 587
US oil and gas rig count gained two rigs vs. last week, climbing to 587 for the week ending April 25 according to Baker Hughes data. One rig each was added in the Haynesville and Anadarko, while all other basins were unchanged for the week.
- Analyst Insight
Canadian Drilling – The End of Spring Break Up is in Sight
The bottom of spring break up should be within the next one to two weeks for Canadian drilling activity.
- Analyst Insight
ExxonMobil to Store CO2 Captured From Calpine’s Baytown Energy Center
ExxonMobil will transport and permanently store up to 2 million metric tons per annum of carbon dioxide captured at Calpine’s Baytown Energy Center near Houston, the companies announced April 23.