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.
- Analyst Insight
Cheniere announces a first export cargo from its Corpus Christi Stage III expansion. Expect US #LNG exports to hit new heights this year with both Stage III and Plaquemines producing LNG. For more, see this week’s RBN LNG Voyager.


- Blog
Pride and Joy - PADD 3 Maintains Dominant Position on Shale Production, Extensive Refining Capacity
PADD 3 has it all — crude oil production from the prolific Permian Basin, a string of refineries along the Gulf Coast, and a fair bit of refined product consumption.
- Analyst Insight
Permian Natural Gas Outflows Down on Freeze-Offs, But Seem Unaffected by Earthquake
Outflows of natural gas from the Permian Basin were down last week relative to the prior week. Outflows were lowered on account of freeze-offs during the middle of last week, while an earthquake on the prior weekend seems had no major effect on flows.
- Analyst Insight
Permian-to-Houston Crude Oil Flows Continued Rebound in September
Permian Basin crude oil flows to Houston extended their recovery in September, rebounding from the sharp decline in June — the lowest volume since September 2023 — according to the latest monthly data from the Texas Railroad Commission.
- Analyst Insight
WTI Midland Reaches Highest Price Differential in 11 Months
The price differential of WTI Midland crude has been steadily increasing for the past month and last week reached its highest value in 11 months.
- Analyst Insight
Front of Natural Gas Forward Curve Up $1/MMbtu, But The Back Has Not Budged
Compared to last winter, this year natural gas prices have soared.


- Blog
Running on Empty - Global Refining Capacity Expected to Grow at Slowest Pace in 30 Years
Globally, government policies have shifted away from petroleum in recent years toward lower-carbon alternatives such as renewable fuels and electric vehicles (EVs), largely driven by worries about climate change.
- Analyst Insight
US Rig Count Climbs To Highest Level Since June On Gains In Anadarko
US oil and gas rig count climbed to its highest level since June 2024, adding four rigs and climbing to 592 for the week ending February 21 according to Baker Hughes. This week's gains were driven by a significant increase in the Anadarko, which added five rigs, while Appalachia added one rig.
- Analyst Insight
Canadian Drilling – Steady Ahead for Gas and Oil Rig Counts
Little to no change for oil and gas rig counts as the industry cruises through the heart of the winter drilling season.
- Analyst Insight
Fortescue Reconsidering Timeline for Arizona Hydrogen Project Amid Policy Uncertainty
Australia’s Fortescue may adjust the timeline for its $550 million green hydrogen project in Arizona as it assesses the change in U.S. energy policy under the Trump administration, CEO Mark Hutchinson said during the company’s earnings call Thursday.