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.
The latest Energy Information Administration (EIA) April 2013 short term energy outlook forecasts US crude oil production to increase from an average of 6.5 MMb/d in 2012 to 7.9 MMb/d in 2014.
It’s time! Registration for RBN’s *Summer* School of Energy is open. Once again RBN Energy is offering an intense curriculum of energy market fundamentals analysis covering the whys and hows of the most important developments in the crude oil, natural gas and NGL markets.
As much as 240 Mb/d of light sweet crude from North Dakota is currently being shipped from the Bakken to St. James LA in what has become a pipeline on wheels.
Last week (April 9, 2013) South African firm SASOL held an investor strategy day in New York. The company confirmed it is moving ahead with plans to build a 100 Mb/d gas-to-liquids (GTL) plant in Lake Charles, LA. Shell is evaluating plans for a similar plant in LA.
January 2013 oil production from the Denver-Julesburg and Powder River Basin Niobrara Shale plays in Colorado and Wyoming was 170 Mb/d (Bentek estimate).
These days natural gas can be traded in spot, term, or financial at over 120 locations across the US. Deals can be executed by Apps, by instant messages and by high-speed algorithm.
Crude by rail is shifting to the West Coast in a big way. By the end of 2012 unit trains carrying light sweet Bakken crude had begun to flow to Washington State refineries.
Last week our attention was drawn to the “State of Energy” report published by the Texas Independent Producers and Royalty Owners (TIPRO). Using Bureau of Labor quarterly census data the report provides a summary of state and national benefits attributed to growing US oil and gas production
NATGAS Permian is a weekly natural gas fundamentals analysis focusing entirely on the key market drivers within the Permian basin. The report contains details and forecasts around natural gas production, demand, pricing, and a summary of pipeline outflows and capacities from the Permian to neighboring regions.
Storage, the great balancing mechanism of the natural gas market in North America is heading toward another evolution in its usage, flow patterns and economics. Not too many years ago, natural gas storage was the hottest midstream investment opportunity going, expected to synchronize inboun
Last week (see Sailing Stormy Waters) we reviewed limited market options for Western Canadian heavy bitumen crude producers. The US Gulf Coast is the only viable market with significant refinery capacity to process these crudes.
