In The News

Wednesday, 05/12/2021

May 12, 2021 – Houston Chronicle

Huge corporations are saving $10 billion on Texas taxes, and you're paying for it

By: Mike Morris

…And these (gas processing) plants, said Rusty Braziel, president of the Houston energy analytics firm RBN Energy, are typically no more than 25 miles from the cluster of wells producing the gas in need of processing. Just nine of the 35 gas plants that got Chapter 313 deals are that close to neighboring states….

… In theory, more gas liquids could flow to Louisiana, New Mexico or Kansas,...

Wednesday, 05/12/2021

May 11, 2021 – Natural Gas Intelligence

June Natural Gas Futures Reverse Course, Climb with Exports Steady, Cyberattack Resolution in View

By: Kevin Dobbs

Analysts said while concerns eased Tuesday, they could remerge during trading in coming days if Colonial does not continue to make swift progress toward restoring full operations.

“The attack on Colonial comes at a critically important time for the U.S. refined products sector,” said RBN Energy LLC analyst Housley Carr. “After more than a year of Covid-related demand...

Wednesday, 05/12/2021

May 12, 2021 – BBC News

How did a cyber-attack lead to long queues for petrol in the US?

Across the eastern US, Americans are queuing up for petrol after a cyber-attack shut down operations for the country's biggest energy pipeline.

Watch the video here:

Wednesday, 05/12/2021

May 12, 2021 – ABC13 News

Government working to make sure gas supply is not impacted by Colonial Pipeline cyberattack

By: Tom Abrahams

The images are stunning. Lines of cars in North Carolina and in Georgia as drivers react to the threat of a supply shortage because of the shutdown of the Colonial Pipeline- the conduit from southeast Texas that delivers 45% of the gasoline, jet fuel, and diesel to the east coast. David Braziel is the CEO of RBN Energy, a consulting and strategy firm. Their well-read blog detailed the issues with...

Tuesday, 04/20/2021

April 18, 2021 – CBC

One year after crude turned negative, oilpatch relishes first-quarter profit outlook

The Canadian Press

On April 20, 2020, the U.S. benchmark West Texas Intermediate near-month contract price ended the day down a whopping $55.90 US at an unprecedented -$37.63 per barrel.

The negative close was caused by a mix of technical commodities market factors and concerns about oversupply as storage tanks grew dangerously close to full amid a collapse in demand fuelled by pandemic lockdowns and short-lived price war between...