RBN Energy
Early Access
Friday, 10/03/2025
Thursday, 10/02/2025
In the early 2000s, prices for West Texas Intermediate (WTI) were becoming increasingly disconnected from global fundamentals. WTI reflected conditions in the Midcontinent at the Cushing, OK, crude oil storage hub, where bottlenecks repeatedly distorted its value. In today’s RBN blog, we look at how the problem contributed to the creation of the Argus Sour Crude Index (ASCI) 16 years ago, how the index has evolved and whether it remains relevant today.
Analyst Insights
Analyst Insights are unique perspectives provided by RBN analysts about energy markets developments. The Insights may cover a wide range of information, such as industry trends, fundamentals, competitive landscape, or other market rumblings. These Insights are designed to be bite-size but punchy analysis so that readers can stay abreast of the most important market changes.
By John Abeln - Thursday, 10/02/2025 (3:30 pm)
Report Highlight: NATGAS Appalachia
Transcontinental Gas Pipe Line was granted a crucial authorization last week, bringing the Northeast Supply Enhancement (NESE) one step closer to fruition. This project will allow the Williams Company pipeline to flow an incremental 400 MMcf/d to New York City and Long Island.
By Martin King - Thursday, 10/02/2025 (2:30 pm)
Waterborne crude oil exports from the expanded Trans Mountain Pipeline (TMX) averaged 453 Mb/d in September 2025 (rightmost stacked columns in chart below), a gain of 24 Mb/d versus August and an increase of 143 Mb/d from a year ago based on tanker tracking data compiled by Bloomberg.
Daily Energy Blog
Thursday, 2/02/2012
Over the past couple of years, the NGL market has cussed and discussed every nuance of PADD I ethane. The fear that ethane bottlenecks would curtail Marcellus drilling worried a lot of producers, and their investors. But it finally looks like the problem is being fixed, and the winners are settling out. MarkWest and Sunoco will take 50 Mb/d north to Sarnia, Ontario on Mariner West. And another 90 Mb/d will go south on Enterprise’s ATEX Express, the TEPPCO line reversal project. Chesapeake and Range have both signed up to move barrels on ATEX which runs from MarkWest`s Houston, PA plant down to the Enterprise storage complex in Mont. Belvieu. It’s nice to have one problem behind us. Unless of course it turns out that Utica ethane piles on to the top of Marcellus. But that’s another story.