U.S. China Talks Yield an Year-Long Pause in Port Fees
Talks between President Trump and China's President Xi have led to a suspension of the port fees.
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.
Talks between President Trump and China's President Xi have led to a suspension of the port fees.
Robust production and slower export activity pushed U.S. propane stocks to record highs last week, led by continued builds along the Gulf Coast and storage levels well above seasonal norms.
Crude Oil Permian provides detailed analysis of the fundamental drivers impacting the Permian Basin crude oil market including weekly data, analysis and market intelligence updates of: Permian crude oil supply and demand, pipeline outflows and capacity, prices, and infrastructure updates.
Canada's stocks of propane and butane tilted tighter in September, possibly linked to lower natural gas output and fractionated LPGs during the month.
All 18 Blocks at Venture Global’s Plaquemines now authorized to take feedgas, pushing U.S. LNG feedgas demand higher. For more, see this week’s RBN LNG Voyager.
Propane supplies stay strong — inventories continue to rise while exports pull back modestly.
U.S. LNG Feedgas Demand Set to Break Records This Winter. NextDecade moves forward with Rio Grande Train 5, adding to a record year for new capacity. This ground-breaking year has set the stage for more than 30 Bcf/d of U.S. LNG feedgas demand in the next 10 years.
Propane stocks built 1.9 MMbbl, exceeding expectations, as exports stayed robust at 2.1 MMb/d.
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The USTR began assessing fees on Chinese-owned, -operated, or -built vessels on October 14. Recent modifications to the Section 301 fees exempt some ethane/LPG vessels.
U.S. LNG feedgas demand is poised to hit new highs this winter as Cove Point is back online after maintenance, Plaquemines and Corpus Christi Stage III continue their ramps, and Golden Pass could start taking feedgas volumes soon. For more, see this week’s RBN LNG Voyager.
Kinder Morgan’s ongoing conversion of the Double H Pipeline to NGL service is only part of a larger plan by the midstream giant to move Bakken-sourced Y-grade from North Dakota to fractionation centers in Kansas and Texas.