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.
With Marcellus natural gas production expected to continue increasing, several companies are proposing projects to pipe a portion of the output through New England to Canada’s Maritime Provinces, where the gas would be liquefied and exported to Europe, Latin America and maybe even Asia.
Last month (March 4, 2014) the first unit train shipment of railbit blend bitumen crude from Southern Pacific Resources Western Canadian oil sands project arrived at Genesis Energy’s Natchez, MS terminal in the Eastern Gulf Coast region.
In the eight weeks since January 24, 2014 crude oil stocks in the Gulf Coast region grew by 34 MMBbl to reach record levels. Much of the crude pouring into the Gulf Coast is coming by pipeline from Cushing where stocks have been draining over the same period.
We just wrapped up our Spring School of Energy, and it was another huge success. RBN’s School of Energy is unlike other crude oil, natural gas or natural gas liquids (NGLs) conferences.
Gulf Coast exports of diesel and gasoline are booming. Net exports of diesel have increased over 300 percent from an average of 232 Mb/d in 2009 to 746 Mb/d in 2013.
Several key factors point to a gradual increase in natural gas power burn over the next few years.
At our School of Energy International LPG session earlier this month, Kelly Van Hull presented RBN’s outlook for global liquified petroleum gases (LPG) production – showing the US poised to become the world’s top exporter of LPGs within the next year or two - displacing Qatar.
The large and growing surplus of U.S. ethane is leading producers and shippers to step up efforts to export ethane to Europe and eventually to Asia.
The Canadian NATGAS Billboard is a weekly, early morning email and report that’s designed to keep physical and financial participants informed of the various fundamental components that make up the complex Canadian natural gas market. This service saves readers time and confusion by compiling all the most critical data points into one clear and concise report.
Cushing crude oil inventories have fallen by 28 percent from 42 MMBbl on January 24 to less than 30 MMBbl on March 14, 2014 according to Energy Information Administration (EIA) data.
We’ve done several blogs over the past months about the impact of the back-to-back crop drying and Polar Vortex anomalies on natural gas liquids (NGL) prices in general and propane prices in particular. Today we are going to take a walk further downstream and look at how increasing propane
