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.
Between 2015 and 2018 five new U.S. propane dehydrogenation (PDH) plants are expected online – producing over 9 billion pounds a year of propylene. Williams are building another new PDH plant in western Canada.
Crude production from the Denver Julesburg (DJ) and Powder River Basin (PRB) plays in the Niobrara shale in Colorado and Wyoming is up 260 percent to 361 Mb/d since January 2012 and is expected to double again by the end of 2019.
A lot of the big run-up in U.S. crude oil production since 2010 is tied to horizontal drilling and hydraulic fracturing in the Eagle Ford, the Bakken and other tight-oil plays.
Two years ago, the Double Eagle condensate pipeline from the western oil and rich gas windows of the South Texas Eagle Ford basin simply provided access to Corpus Christi. By early 2015, the Double Eagle will be linked to the Kinder Morgan crude and condensate pipeline to Houston.
On September 19, 2014, the operating margin for a representative Gulf Coast steam cracker running ethane hit a record high – an astonishing 70.4 cents per pound. Steam cracker margins depend not only on the spread between feedstock costs and the market price of ethylene but also on the vary
Starting at the end of 2015 six new North American propane dehydrogenation (PDH) plants are expected to come online. These new plants will have the capacity to convert up to 170 Mb/d of propane into much more valuable propylene.
From a high of $6.14/MMBtu in February 2014 natural gas prices have fallen to $4.013/MMBtu yesterday (September 17, 2014). In large part the price decline reflects the recovery of gas storage levels from record lows in March at the end of a freezing winter.
Hawaii is unique among the states. Not only is it a group of islands hours by plane from the US mainland, it alone—unlike the Lower 48 and Alaska—has neither indigenous oil or natural gas of its own nor any pipeline connections.
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.
A five-fold increase in crude oil production over the past three years has given the Eagle Ford basin an instant star on the shale walk of fame. Unlike other booming shale basins the Eagle Ford has not suffered from a lack of crude takeaway capacity.
A week ago (September 8, 2014) we looked at Energy Information Administration (EIA) supply/demand data for the Gulf Coast Petroleum Administration for Defense District (PADD) III.
