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.
Although as everyone ought to know by now, overall crude prices have dropped more than 35% in the past six months, prospects for the prolific Permian Basin continue to look rosy.
The US Environmental Protection Agency (EPA) June 2014 Clean Power Plan (CPP) proposal to reduce greenhouse gas emissions from the power sector 30% from 2005 levels by 2030 would result in a sharp increase in natural gas consumption and potentially major changes in infrastructure to deliver more
According to the U.S. Department of Agriculture, this year’s corn crop was 94 percent harvested by November 24, 2014.
RBN’s School of Energy is headed north – all the way to Calgary. We have reworked, restructured and reorganized the curriculum to make the conference better than ever. And we guarantee it will be way cooler than our Houston Schools.
The ratio of Mont Belvieu ethane prices to the price of natural gas at the Henry Hub on a BTU equivalent basis has been below 100% since March. That means ethane is worth more as gas than as liquid ethane, which was bad enough for ethane producers.
Prices for U.S. domestic benchmark West Texas Intermediate (WTI) crude on the CME NYMEX futures exchange crashed $7.54/Bbl to $66.15/Bbl Friday (November 28, 2014) - down 11 percent since the Wednesday before Thanksgiving and 38 percent since their recent high in late June.
It’s only natural that high-volume markets like Asia and Western Europe are the focus of most discussions about exporting US liquefied natural gas (LNG) and natural gas liquids (NGLs) like ethane and propane.
Between them the TransCanada Grand Rapids, Enbridge Norlite and Devon/MEG Access pipelines currently being planned and built out will be able to deliver an extra 1 MMb/d of diluent to oil sands producers by 2017. That’s more than producers currently expect to need until 2030.
The Future of Fuels bi-annual report by RBN's Refined Fuels Analytics provides an in-depth analysis of the U.S. and global refinery industries, focusing on crude oil and fuel market dynamics, supply and demand, alternative fuels, refinery capacities, and price forecasts to help stakeholders navigate the evolving energy landscape.
Last winter a Midwest propane shortage of epic proportions caused prices at the Conway, KS trading hub to spike over $4/Gal in January 2014 (nearly twice the price of crude oil at the time).
We estimate October 2014 Eagle Ford condensate production at 690 Mb/d and have identified 450 Mb/d of stabilization capacity that meets Bureau of Industry and Security (BIS) standards to classify the processed output as OK for export.
