- Analyst Insight
Crude Oil Exports Post Largest Weekly Gain Since January
Crude oil exports out of the U.S. Gulf Coast (USGC) skyrocketed 45% last week.
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
Chart Toppers - Frac Spread
Frac spread edges to $3.55/MMBtu (+4.7% MoM) but remains ~~12% below last year — propane still calls the shots.
- Analyst Insight
U.S. LNG Feedgas Demand Drops Due to Maintenance
Fall maintenance is almost here, expect a small drop in U.S. #LNG feedgas demand in the short term, followed by new all-time highs to close out the year. For more, see this week’s RBN LNG Voyager.
- Blog
God Blessed Texas - Proposed Data Centers in Texas Would Be Enormous, But How Many Will Be Built?
The data center boom is sweeping across the country and Texas has garnered more proposals for new centers than almost any other state. If every planned project were to go forward, it would mean nearly 9 gigawatts (GW) of additional electricity demand, or just over 1 Bcf/d of natural gas.
- Analyst Insight
It’s The End of Summer in Butane Blendingville; Normal Butane Prices Moving Higher
In most U.S. motor gasoline markets, normal butane blending season begins immediately after the federal summer RVP (Reid Vapor Pressure) restrictions end.
- Analyst Insight
Canadian Drilling – Summer Vacation Lingers On for Rig Counts
Oil and gas rig counts remain trapped in a narrow range held back by oil/gas price weakness and uncertainty.
- Blog
Don't Worry, Be Happy - NGL Markets Relying on the Permian Ask, What If Crude Production Is Peaking?
OPEC+ is ramping up production, WTI is hanging below $65/bbl, and Permian crude oil production growth has slowed to a crawl, raising the question of whether oil output in the U.S.’s #1 shale play might, in fact, be peaking. That’s making some folks on the NGL side of things a little skittish.
- Analyst Insight
US Rig Count Climbs To 539 On Gains In Eagle Ford, Appalachia
US oil and gas rig count climbed to 539 for the week ending September 12 according to Baker Hughes data, a gain of two rigs vs. a week ago. Rigs were added in the Eagle Ford (+2) and Appalachia (+1), while the Anadarko (-1) was the only basin to decline.
RBN Crude Voyager
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.
- Analyst Insight
IEA Cuts Outlook for Low-Carbon Hydrogen for First Time
The pipeline for low-carbon hydrogen projects has shrunk considerably from a year ago, the International Energy Agency said in its Global Hydrogen Review, which was published this week.
- Blog
Do Ya Think I‘m Waxy? - A New Drill Down Report on Waxy Crude Production in the Uinta Basin
Oil and gas producers’ interest in each of the U.S.’s shale and tight-rock production areas has waxed and waned over the past quarter century or so. First it was the Barnett Shale, the birthplace of the Shale Revolution in the late 1990s.
