In The News

Friday, 04/07/2017

April 7, 2017 – SNL Energy

Appalachian drillers expect 2016's NGL revenue spike to be just the beginning

By: Bill Holland

Big independent Appalachian shale producers posted substantial increases in their natural gas liquids revenue in 2016 and are looking at further gains in 2017 and 2018 as oil-linked NGL prices continue to improve and new midstream projects knit the Utica and Marcellus shales into U.S. and international markets…

Read the full article here:...

Sunday, 03/19/2017

March 17, 2017 – CNBC

The expert that called oil’s decline just said these lower prices are here to stay

By: Elizabeth Gurdus

United States oil producers are behind oil's current lower prices, which are here to stay for the foreseeable future, oil guru Rusty Braziel told "Mad Money" host Jim Cramer on Friday.

"If we look forward for the next five years, the forward curve of crude oil in the United States is at $50 flat," the president and CEO of RBN told Cramer. "It's the ingenuity of U.S.-producing companies. We've learned how to produce...

Monday, 03/13/2017

February 28, 2017 – The Chronicle Herald

OPINION: Build Energy East to avoid Canada’s Keystone XL trap

By: Mike Priaro

Mexico currently produces about 2.2 million barrels per day (bbl/d) of crude oil.

About half is exported, but only 40 per cent of those exports, or about 0.44 million bbl/d, go to the U.S., according to U.S. energy consultancy RBN Energy.

Canada, on the other hand, produced an average of 3.847 million bbl/d in 2016.

About 80 per cent of that, or three million bbl/d, is exported.

Ninety-nine per cent...

Tuesday, 02/21/2017

February 17, 2017 – Bloomberg

Weird Things Are Happening in the Salt Caverns of Mont Belvieu

By: Laura Blewitt

Prices for fuel stored in the salt caverns of Mont Belvieu, Texas, have gone a little berserk.

Three companies, Enterprise Products Partners LP, Targa Resources Corp. and Lone Star NGL LLC, use the caverns to keep natural gas liquids that are traded on the spot market and exported around the world. Butane price fluctuations between the three are usually within a penny or two.

But in December, Enterprise’s butane price...

Monday, 02/13/2017

February 12, 2017 – NBC News

Trump Promised to ‘Open the Mines’ — Here’s Why That Is Unlikely

By: Jane C. Timm

In rallies across cross coal country, Donald Trump made a big, crowd-pleasing promise: He'd bring back the mining jobs.

"We're gonna open the mines," he said to big cheers in Charleston, West Virginia, as if the shuttered coal mines across eastern America's coal country could hit a switch and reinstate the jobs once he won the White House.

But experts say despite Trump's election, those jobs aren't coming back.