- Analyst Insight
Tariff Tango Between U.S. and Canada
Just when it looked like the U.S. and Canada might sidestep a full-blown trade war over energy, things took another turn.
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.
- Blog
Let Me Be Myself - Location, Connectivity, Quality Help Set Apart WTI Futures Contracts
As the global crude oil market continuously evolves, so do the tools that traders, refiners and producers rely on to navigate its complexities. Among these tools, futures contracts play a pivotal role, allowing market participants to manage risk and ensure liquidity.
- Analyst Insight
Whitecap Resources and Veren to Merge and Create Canada’s Seventh Largest Oil & Gas Producer
Whitecap Resources and Veren agreed to merge operations on March 10, 2025 to form Canada's seventh largest oil and gas producer by output volume. This continues a multi-year trend toward larger, but fewer oil and gas producers in Western Canada.
- Analyst Insight
Propane Inventories Fall by 3.44 MMbbl, Week's Largest Drop in Last 10 Years
U.S. propane/propylene stocks saw a record withdrawal for the same week in the past decade of 3.4 MMbbl.
- Blog
Personality Crisis - Its Offshore Wind Plans Thwarted, New England Wonders What to Do Next
New England is determined to shift toward a greener electric grid, but the region’s plan to slash its current reliance on natural gas (and backup fuel oil — and sometimes coal) by ramping up offshore wind and solar (and backup batteries) has hit a seemingly immovable object.
- Analyst Insight
Frac Spread - Chart Toppers
The frac spread is averaging $3.55/MMBtu for March 2025—down 19% from last month and 35% from a year ago.
- Analyst Insight
U.S. LNG Feedgas Demand Riding High Thanks to Plaquemines LNG
U.S. LNG feedgas demand remains high thanks to commissioning volumes from Plaquemines LNG. For more, see this week’s RBN LNG Voyager.
- Blog
We Should Be Friends - Tech Giants Increasingly Turning to Natural Gas to Power Data Centers
The pace of announcements for planned data centers accelerated in 2024 and has continued to gather steam in 2025, with natural gas-fired power plants emerging as a frequent choice, along with nuclear power, to provide the around-the-clock electricity that large-scale data centers want and need.
RBN NATGAS Permian
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.
- Analyst Insight
Gulf Coast Sour Crude Price Differential Hits Near Five-Year High on Tariff Turbulence
Last week, the price differential for Mars, the Gulf Coast sour crude benchmark, hit its highest level since the bad days of COVID nearly five years ago. Tariff news and the elimination of Venezuelan heavy oil imports to the US were the drivers of the latest price peak.
- Analyst Insight
Wink to Webster Crude Oil Flows Remain Below Pre-Maintenance Levels
The Wink to Webster (W2W) Pipeline was offline for planned maintenance during the first 10 days of June 2024 to reroute a small section of the line. While flows have steadily recovered since the maintenance period, they remain below pre-maintenance levels.
