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.
A long anticipated market milestone either has happened, is happening, or soon will happen. No I’m not talking about one-handle natural gas prices. That’s old news. The much more amazing number is a 50X crude-to-gas ratio.
Yesterday was still another day of lower natural gas cash prices and whipsawing futures prices. ICE cash Henry Hub was at $2.0748/MMbtu, down 6 cnts. At one point weekend Henry Hub printed $1.98. TGP-Z4 Marcellus came down 8 cnts to $1.9440. April futures ran up again to $
Yesterday we looked at Tuesday’s natural gas price 13cnt whipsaw and the apparent resistance to prices below $2.26 or so. I closed that blog with a commitment to look again at the fundamentals for oversupply, maxed out storage capacity and the impending collision of natural gas prices with
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They call it oil sands. It used to be called tar sands, but that was bad marketing. Regardless, it looks like dirt.
On Tuesday, NYMEX April natural gas fell 5.2% to $2.355/MMbtu, which was 3.3 cnts above another 10 year low “target”. Prices have been hitting decade lows on the way down.
To everything there is a season. And this spring is the season for plant turnarounds in the NGL industry. Fractionators will be offline. Petrochemical plants will be down. And NGL market prices, already buffeted by huge production increases from the shale phenomenon
Hydrogen Billboard tracks the latest developments in the domestic and global hydrogen markets, filtering through the noise with an unbiased lens to deliver impactful hydrogen infrastructure and market analysis.
You may have heard that Cushing, Oklahoma is no longer the center of the crude oil universe. The logic goes that WTI is no longer representative of the world crude oil price.
Shale oil has created a problem for the Strategic Petroleum Reserve (SPR). And that in turn has created a problem for U.S.-flag vessel operators. Those operators are trying to create problems for Gulf Coast refiners. And this whole situation could create a problem for the crude
