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.
Lots of people talk about the price of West Texas Intermediate crude oil at Cushing, OK. But few producers and royalty owners receive that price. In today’s blog we delve into the secret black art of crude oil pricing, focusing on the Bakken. In Part I of our tutorial on crude o
Yesterday natural gas NYMEX futures for July delivery closed at $2.421/MMbtu, down 2.5 cnts. Given where half of our RBN readers thought the market was going at the end of March (see Split Decision), this is a pretty good number. After bottoming out at $1.91/MMbtu, Natgas skyro
Last week the price of ethylene dropped from the low 50s per pound down to the low 40s.
EIA NGL natural gas plant production statistics were posted on Wednesday and showed something we have not seen for a few months – a decline in volume. It was not a huge decline. And with the price of Conway ethane in the dog house over the past three months, it was not unexpected.
<p>Today’s blog posting is from Sandy Fielden titled <a href="/a-drop-in%20the-ocean"><u>A Drop in the Ocean?
Yesterday we started our series on the economics of petrochemical feedstocks. With NGLs driving the natural gas market, it is critically important to understand the factors that influence NGL prices. The #1 factor is the petrochemical market that consumes more than half of all NGL pro
Natural gas production seems totally dependent on NGLs. In turn, NGLs are highly dependent on petrochemical crackers. How does this work? What could go wrong? That’s the topic of this multi-part series on NGLs in the petrochemical industry. Part I is an overview of t
The demand for motor gasoline is declining. The volume of ethanol in the gasoline pool is increasing. That means the market needs less gasoline from refineries. Another One Bites the Dust is a common refrain heard in refining circles – referring to the latest refinery shu
NGL Voyager offers subscribers a comprehensive market analysis of natural gas liquids exports which are driven by fundamentals, and combined with the latest industry buzz. The report examines U.S. export trends for propane, butane and ethane, and includes port of origin, destination and volume.
Over the past month since the NYMEX natural gas contract hit the low of $1.91/MMbtu, the price has screamed upward by $.83/MMbtu, or 44% to $2.737/MMbtu yesterday, up 3 cnts.
Two weeks ago we took a deep dive into the great 2012-18 ethane debate.
