- Analyst Insight
Propane Prices Skyrocket—What’s Next?
Propane prices have surged as freezing weather tightens supply. The propane-to-crude ratio is climbing fast—how far will it go?
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
Separate Ways (Worlds Apart) - Biden Removes Vast Offshore Areas from Drilling, But Impact is Largely Symbolic
With just a few days left in office, President Biden on January 6 made a final effort to shape U.S. energy policy and development by permanently banning new oil and gas drilling across more than 625 million acres of coastal waters.
- Analyst Insight
Propane Demand Surge: Winter Weather Drives Market Tightness
The U.S. propane market is feeling the strain from severe cold weather, driving demand to seasonal highs. While primary storage remains robust, secondary resupply logistics are critical to sustaining supply.
- Blog
Tired of Waiting for You - U.S. LNG at a Standstill Waiting Out Construction, Regulatory, Legal Delays
Russia’s invasion of Ukraine and Europe’s subsequent pivot away from Russian natural gas caused a huge resurgence in interest in U.S. LNG. That led to nearly 60 MMtpa (7.9 Bcf/d) of new U.S. LNG capacity reaching a final investment decision (FID) in 2022-23.
- Analyst Insight
US Rig Count Falls To 584 After Four Weeks of No Change
After five consecutive weeks at 589, US oil and gas rig count fell to 584 for the week ending January 10 according to Baker Hughes data, a decline of five. Rigs were added in the Anadarko (+3), while the Eagle Ford (-3), Niobrara (-1) and All Other (-4) all lost rigs.
- Analyst Insight
Constellation to Acquire Calpine in $26.6 Billion Deal
Constellation Energy said January 10 it will acquire privately held Calpine in a cash-and-stock deal valued at $26.6 billion, giving the combined company about 60 GW of power generation capacity from no- or low-emissions sources at a time when power demand is expected to rise thanks to the continued
- Analyst Insight
Back from the Brink - Gulf Coast Re-Exports of Canadian Heavy Crude Oil Return to Life in November
Canadian re-exports of heavy crude from the Gulf Coast picked up in November after a zero reading in October. China remains notably absent as a destination from the Gulf, but remains active off Canada's West Coast.
- Analyst Insight
Canadian Drilling – Rig Counts Come Roaring Back After the Holiday Break
Back to Work! The first full week of the year saw Canadian drilling activity come roaring back from the holiday break with substantial gains in oil and gas rig counts.
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- Analyst Insight
Oil Production Begins at Whale Platform in Gulf of Mexico
Oil production has begun at Shell and Chevron’s Whale platform in the Gulf of Mexico, the companies announced January 9.
- Blog
Rules of the Road - Final Rules for 45V Tax Credit Could Help Clear a Path for Clean Hydrogen
The long-delayed rules around the federal government’s Hydrogen Production Tax Credit (PTC), also known as 45V, had been the subject of heated debate — and lobbying — since passage of the Inflation Reduction Act (IRA) way back in August 2022.
