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.
Natural gas production in the Lower 48 has surged 40 percent since 2005 – hitting record levels in recent months in spite of low prices and a drilling migration away from dry gas to liquids plays.
The second release of the EIA’s new monthly Drilling Productivity Report (DPR) for November came out on Tuesday (November 12, 2013) showing December natural gas production is expected to increase in four of the six regions covered.
Last month the Energy Information Administration (EIA) debuted a new monthly report detailing oil and gas drilling productivity in six of the largest US production basins.
Worried about 2013? You are not alone. There are many rational reasons to be concerned about possible developments in energy markets this year, let alone phobias about the number thirteen (triskaidekaphobia). But hey, this is the first working day of the New Year, so let’
During 2012 we’ve posted over 200 RBN blogs, covering everything from ethylene cracker margins (Ethylene Ethylene, Prettiest margin I ever seen), to northeast natural gas basis (The Mighty Algonquin) to the impact of a major crude pipeline reversal (Oh-Ho-Ho it’s Magic). 
Fundamental to our approach to energy markets at RBN is a view that natural gas, crude oil and NGLs have become much more interdependent than in the days before shale. What happens in gas impacts NGLs, which influences crude oil, which loops back to the natural gas market. We’ve writt
The ratio between crude oil and natural gas (NYMEX) futures yesterday was 31.8. That is crude prices in $/Bbl were 31.8 X natural gas prices in $/MMbtu. In the 10 years from August 1997 to August 2007 the ratio averaged 7.5 X – that was the old world.
Sometimes learning is about getting your mind changed. Over the past couple of days at Bentek’s Benposium conference in Houston there were a lot of presentations and powerpoint slides looking at all sides of the LNG export issue. I’m still not convinced that we’ll see more than one te
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.
Yesterday was Day#2 of Benposium, the annual Bentek conference being held at the Houstonian hotel in Houston. It was another day when I could attend the sessions as a participant, which is considerably harder work than it sounds. Between Tuesday and Wednesday there were seven outside
Yesterday ICE next-day gas at Henry Hub posted at $1.85/MMbtu, down a penny from Wednesday. The CME/Nymex May contract settled at still another 10 year low (how many more 10 year lows could there be?) at $1.907, down 4.4 cnts.
