In The News

March 26, 2022 – Billings Gazette

High natural gas prices persist for Montana homeowners

By: Tom Lutey

And LNG demand is high again in 2022, with European demand driven by sanctions on Russian gas being the wildcard. EIA expects LNG exports to be 16% higher this year, which would be the third record year in a row.

But the sky isn’t the limit for U.S. exports of liquefied natural gas, said David R. Braziel, analyst for RBN Energy, which publishes the Daily Energy Post. Infrastructure limits will act like a cap on growth....

February 2, 2022 – BOE Report

Heavy crude discount continues to widen

Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, was trading at $13.40 per barrel below the WTI benchmark, according to NE2 Canada Inc, having settled at $13.25 per barrel below the U.S. crude benchmark on Tuesday.

The modest widening of the heavy differential this month may reflect some supply recovery after frigid weather in late December hampered oil sands production, and more Saudi heavy barrels arriving at the U.S. Gulf Coast,...