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.
Last Friday the price for ethane in E-P mix in Conway dropped to 4.5 cnts/gal for a period of time. According to OPIS, the price averaged 7.25 cnts/gal for the day. Those numbers are all-time low prices for the product, and rock bottom by anyone’s definition. As we discussed her
The cheapest hydrocarbon? Natural gas you say? Not even close. It is ethane (in E-P mix) situated in suburban Conway, Kansas. We’ve looked at cheap Conway ethane before, but never like this. Because it has never been like this. Even OPIS, which has been trackin
For the past two days we’ve slogged through the math of converting natural gas pipelines to crude oil service. Whether or not you spent the time to follow the details, you might have wondered – What’s the point? Some pipelines are candidates for conversion, some are not – right?
Yesterday in Part 1 of this blog series on pipeline conversions we talked about Energy Transfer’s interest in switching Texoma and other pipelines from gas to crude service. That development and the proposed conversion of Kinder Morgan Interstate Gas Pipeline system into the Pony Express Cr
On Monday, Energy Transfer kept the deals coming with the $5.3 billion acquisition of Sunoco. This deal certainly launches ETP into the really big leagues, and makes it one of the most diversified players around. And if you read the fine print, they plan to get more diversified by con
Contributor Kyle Cooper breaks down the most significant developments in last week’s natural gas market.
At the recent Platts Oil and Gas Conference in Denver, the reoccurring theme was outbound capacity constraint. The area needs a lot more crude oil pipelines and rail terminals to mitigate regional oil price crashes (see Bakken’ and a Rollin’ at Clearbook and Guernsey). Th
It’s been a couple of weeks since we’ve looked at natural gas balances. Since today is EIA Natgas Storage day it seems appropriate to check in on the progress natural gas producers are making to cut back supplies. For readers not familiar with the quirks and foibles of the natural gas
The Canadian NATGAS Billboard is a weekly, early morning email and report that’s designed to keep physical and financial participants informed of the various fundamental components that make up the complex Canadian natural gas market. This service saves readers time and confusion by compiling all the most critical data points into one clear and concise report.
On Monday I spoke at the Canadian Energy Research Institute’s (CERI) Crude Oil Conference in Calgary, Alberta. Presentation title: The Looming Imbalance - Supply/Demand Implications of the Shale Oil Revolution. Like most oil conferences these days, it was very well attended and includ
Last week we covered the incredible growth and potential of the Bakken, where production is just over 600 MB/d headed toward 1,300 Mb/d in 2016 based on Bentek forecasts. In ‘With a Bakken well, they drilled more’ we looked at other producing zones in the Williston basin that have po
