In The News

Wednesday, 01/31/2024

January 31, 2024 – Wall Street Journal

The U.S. Is Spoiled by Cheap Canadian Oil. That’s About to Change.

By David Uberti

Companies across much of the U.S., including some owned by Canadian companies, have responded by adding capacity or honing operations to turn Canadian crude into fuel, chemicals or asphalt. The Midwest, the country’s largest importing region, hasn’t received foreign shipments from anywhere but Canada in years, according to the Energy Information Administration.

“The Midwest is held captive by Canadian crude oil,”...

Saturday, 01/27/2024

January 23, 2024 – Natural Gas Intelligence

Volatility Poised to Permeate Natural Gas Futures, Spot Prices Through Winter

By Kevin Dobbs

RBN Energy LLC analyst Housley Carr echoed that thinking and emphasized the consistent importance of Mexican demand along with LNG as key factors in price bulls’ playbook.

“With all the talk about U.S. LNG exports and plans for more LNG export capacity, it can be easy to forget that more than 6 Bcf/d of U.S. natural gas” — mostly from the Permian Basin and the Eagle Ford Shale — “is...

Friday, 01/26/2024

January 26, 2024 – Calgary Herald

Varcoe: 'Why not?' — Smith eyes doubling Alberta oil and gas production in an uncertain energy world

By Chris Varcoe

On the natural gas front, Alberta produced 11 billion cubic feet (bcf) per day last year, up more than 10 per cent since the first year of the pandemic, according to data from RBN Energy.

The resource base in the province is big enough to boost output. The oilsands are the fourth-largest proven oil reserves in the world.

The Montney formation, spanning the northern...

Tuesday, 01/23/2024

January 18,2024 – Energy Intelligence Oil Daily

US Supreme Court Takes Aim at 'Chevron Deference'

By Bridget DiCosmo

Filling In the Blanks

The doctrine has long been viewed as a mainstay in executive energy and climate policy, and in recent years has become a target of conservatives and industry officials alleging regulatory overreach. Those statutes often leave wide swaths of text deliberately vague for agencies to fill in the blanks, with the idea that agencies have more technical expertise.

The Chevron ruling...

Monday, 01/22/2024

January 22, 2024 – Natural Gas Intelligence

Associated Natural Gas a Gift – and a Curse – for North Dakota Oil Producers

By Andrew Baker

In addition to causing issues during cold snaps, the high liquids content of Bakken gas means it has a high heat value in terms of Btu/cf of natural gas burned. That too may cause operational problems.

RBN Energy LLC’s Morgan Overman explained in a recent blog post that, “Because the Bakken residue gas flowing into NBPL has a much higher Btu content than the Canadian gas, the average...