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.
Fast-rising propane production in the Marcellus and Utica shale plays, the reversal and repurposing of the Cochin Pipeline and other factors have exposed gaps in the midstream infrastructure that shuttles and stores large volumes of propane within the U.S. Perhaps one of the most obvious of
As natural gas production growth in the U.S. has shifted from the Gulf Coast region to the Northeast’s Marcellus and Utica shale, some have suggested that time may have passed by Louisiana’s Henry Hub as the national benchmark for all U.S.
With crude oil prices just over $40/bbl you might think producers would be reducing capex and cutting their 2015 production estimates. But not so. RBN’s analysis of second quarter guidance in 2015 indicates that 31 E&Ps as a group kept their capex outlook at about the same level a
Pipelines delivering crude to Houston from the South Texas Eagle Ford are estimated to be half empty. Yet over 200Mb/d of crude is shipped from that basin to refineries in Houston and further east along the Gulf Coast by barge.
Big changes are coming to the LPG market in Mexico. LPG, or liquefied petroleum gas, is mostly propane but can include butane. Mexico is one of the largest consumers of LPG in the world and imports significant volumes from the U.S. Historically Petróleos Mexicanos (Pemex) has be
Last Friday (August 14, 2015) the Department of Commerce (DOC) revealed to the press that they would approve a handful of applications to export U.S. domestic light crude to Mexico under a Licensed “swap” arrangement that involves importing the same volume of heavy crude to the U.S. from Mexico.
Few factors will have a greater effect on future U.S. natural gas production—or gas pricing—than the degree to which U.S. LNG exporters are successful in penetrating Asian, European and other markets.
During the first 7 months of 2015 the U.S. experienced record setting refinery crude processing and utilization rates. By the end of July crude inputs topped 17 MMb/d for the first time and nationwide refineries ran at over 96% of operable capacity - reaping the rewards of robust margins.
The monthly and weekly Propane Billboard reports feature insightful commentary and analysis of historical and anticipated trends in the U.S with a deep dive into the propane supply and demand balance by PADD. It includes a custom 1-year forecast with commentary and analysis on emerging market opportunities.
Crude oil distribution to Houston area refineries is still being re-plumbed to reflect the ongoing transition to domestic supply.
The Henry Hub, LA physical interconnect at the center of North American natural gas pricing is about to go through big changes with the in-service of liquefied natural gas (LNG) export terminals as soon as the end of 2015 and growing industrial demand in the Gulf Coast region.
