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 from the Deep Panuke field off the coast of Nova Scotia could have gained a strong foothold in New England during the past few years—if the gas had started flowing in 2010, as had been the plan.
One of today’s hottest boutique oil shale plays in Texas is located northeast of the Eagle Ford shale and south of the Woodbine Sand basin. This play has been dubbed the “Eaglebine” by one of its principal acreage holders – ZaZa Energy Corporation.
Exporting LNG from western Canada to the Pacific Rim is seen by many as the silver bullet for reinvigorating Canada’s ailing natural gas sector.
Just like every other kind of mechanical equipment, rail tank cars require maintenance every once in a while.
Last Friday (July 19th, 2013) temperatures in New York City rose to 100 degrees Fahrenheit for the second day in a row.
The Brent premium to WTI has traded as wide as $23/Bbl this year but was down to 2 cnts/Bbl on Friday July 19, 2013. At one point during trading nearby WTI prices rose above Brent – the first time that’s happened in three years.
The latest available Energy Information Administration (EIA) data for April 2013 indicates that imports into Houston and Port Arthur region refineries on the Texas Gulf Coast included 425 Mb/d of light and 425 Mb/d of medium quality crudes.
Canada enjoys vast natural gas resources and domestic demand for its gas is growing. But Canadian gas exports to the U.S. are plummeting, and it seems the only way to avoid a major gas glut north of the border will be to export large volumes of LNG to the Pacific Rim.
Crude Oil Permian provides detailed analysis of the fundamental drivers impacting the Permian Basin crude oil market including weekly data, analysis and market intelligence updates of: Permian crude oil supply and demand, pipeline outflows and capacity, prices, and infrastructure updates.
European refiners have shut down 1.7 MMb/d of capacity since 2008 in response to recession plagued economic conditions at home and competitive pressures in their traditional export markets. Refinery utilization in Europe is down to 75 percent (IEA Q1 2013).
At the end of June Koch announced plans for an open season that started July 1, 2013 to solicit interest in a pipeline project to deliver 250 Mb/d of crude from the Bakken to Hartford and Patoka, IL.
