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.
<p>Last week the latest set of Bakken crude production numbers showed another big increase to reach 728 Mb/d. The challenge all along for this prolific land locked basin has been one of finding a ready market for growing production.</p>
The Ho-Ho reversal project coming online in early 2013 provides an important link between the Texas and Louisiana Gulf Coast markets. Ho-Ho should help to distribute 3 MMb/d of crude supplies arriving over the next two years in the Houston area to refineries throughout the region.
Front month NYMEX natural gas prices reached a twelve-month high of $3.76/MMBtu this past Wednesday - falling back to $3.70/MMBtu yesterday.
<p>Northeast regional natural gas supply and distribution companies are taking advantage of the opportunities that abundant local production from the Marcellus and Utica shale brings them.</p>
With all the new NGLs coming on, there has been periodic hand wringing about fractionator capacity. The good news is that there is a lot of capacity being built. So much so that it appears that the fractionators will be able to keep up with the producers and inbound pipes, at least mo
Shell is progressing toward early 2013 completion of the Houston, TX to Houma, LA (Ho-Ho) pipeline reversal.
China has got a lot of shale gas. To the tune of 1,275 Tcf of technically recoverable shale reserves, by some estimates. But today it is all still sitting in the ground. If that potential is tapped in any significant way, it will have a huge impact on global gas bala
The CME NYMEX WTI crude futures contract is the underlying benchmark in nearly all US domestic crude price contracts. Differences between futures and physical trading arrangements make pricing physical WTI barrels complex.
There is a close, symbiotic relationship between brine and natural gas liquids. Most NGL storage is in huge underground caverns washed out of salt formations thousands of feet below the surface. That washing or ‘leaching’ process makes lots of brine. When the storage caverns or
Northeast bound interstate natural gas pipeline companies are busy reconfiguring their assets to accommodate significant supply growth expected by 2017.
