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.
NGL prices have been weak this year, but the same has been true for the price of natural gas. So how does this market scenario play out for gas processors who make their money extracting NGLs from gas? Last week we looked at what could be gleaned from the Frac Spread, and concluded th
In June 2012 Bakken oil production reached 660 Mb/d with 0.7 Bcf/d of associated natural gas. A third of that associated gas (32 percent or 0.22 Bcf/d) was flared at the wellhead. There are sound environmental and economic reasons why flaring occurs.
The US has more refining capacity than any other country (17MMb/d) and nowhere are refineries as sophisticated. In the past two years US refineries in the Midwest region have been running close to full capacity and refineries in the Gulf Coast region have led a refined product export boom.
In the wake of competition from historically low natural gas prices and anti carbon environmental legislation the domestic US coal industry is reeling but it remains competitive in an expanding world market.
2012 has not been a good year for natural gas liquids prices. Spring was a particularly brutal season, with prices falling to levels not seen since the bad ole days of 2009. This summer prices have recovered from late-June lows, but the numbers are still in the dog house relative to t
In the immediate aftermath of disasters like hurricane Isaac, our thoughts focus on the victims and the tremendous damage to homes and infrastructure alike. As a category 1 hurricane Isaac has not so far shown the destructive force that its infamous predecessor, Katrina did in 2005.
This week when nominations come to mind your thoughts naturally go to the political candidates in general, and the Tampa convention in particular. But don't forget about that other kind of nomination - the most important step in the scheduling of NGLs and other hydrocarbon transportation.&n
Understanding the natural gas market is not for the faint hearted. Natural gas production recently returned to record levels last seen before prices fell through the floor.
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.
It looks like a combination of shale crude oil production and inventory drawdowns have been backing out crude oil imports over the past two months. Gulf Coast refineries are leading the way to crank up utilization, increase diesel exports and pull crude oil inventories down from the stratos
Every Wednesday energy markets eagerly anticipate the EIA Weekly Petroleum Supply Report release. Its contents frequently sway the market. Last Wednesday the biggest surprise was a 500 Mb/d reduction in crude imports. Today we start a two part analysis of EIA crude inventory data.
