In The News

Tuesday, 09/28/2021

September 28, 2021 – Reuters

U.S. natgas rise to 7-year high on record global prices

By: Scott DiSavino

But no matter how high global prices rise, the United States has the capacity to turn only about 10.5 bcfd of gas into LNG. Global markets will likely have to wait until later this year to get more from the United States, when the sixth liquefaction train at Cheniere Energy Inc's (LNG.A) Sabine Pass and Venture Global LNG's Calcasieu Pass in Louisiana start producing LNG in test mode.

"The U.S. LNG export capacity ceiling is likely the...

Monday, 09/27/2021

September 27, 2021 – LPGas Magazine

Supply chain planning the focus in New England

By: Brian Richesson

From a supply standpoint, New England is predominantly reliant on rail and marine imports in the absence of local pipelines and production facilities, Roth explains. The TEPPCO pipeline, which originates at Mont Belvieu near Houston, stops in Selkirk, New York.

That leaves rail and truck as the main sources of propane supply and distribution from other regions and Canada. In fact, a propane infrastructure map prepared by RBN...

Friday, 09/24/2021

September 24, 2021 – ForexLive

Brent threatens to take out the June high

By: Adam Button

Talk of gas-to-oil switching in power plants is helping brent to widen the spread to WTI. So is the improvement in European growth. Historically, a $7-8 spread isn't unusual owing to more-abundant North American supplies.

RBN Energy has a good report on the lack of capital spending in oil.

“Oil and gas producers are spending just $0.27 in 2021 for every $1.00 in investment they made in 2014, when oil was $100/bbl, and $0.58...

Thursday, 09/23/2021

September 23, 2021 – Natural Gas Intelligence

October Natural Gas Futures Find Fresh Footing After EIA Print, Surge Close to $5.00

By: Kevin Dobbs

Absent more supply, prices in the United States, as well as Asia and Europe, could surge beyond the already elevated levels, RBN Energy LLC analyst Lindsay Schneider said.

“European prices have hit new post-2008 or all-time highs more than 25 times since late June, and prices in Asia, which had been at seasonal all-time highs for most of the spring and summer, finally last week...

Sunday, 09/19/2021

September 19, 2021 – CBC News

Why you'll pay more for heat this winter; watch out for fake job scams: CBC's Marketplace Cheat Sheet

 

A rise in natural gas prices will likely have many of us paying more for our home heating bills this winter.

A marriage of factors in North America and Europe — from summer storms to an overseas supply crunch — have contributed to the sharp rise in the price of the fossil fuel.

Martin King, a senior analyst at RBN Energy, said the Alberta spot price for natural gas was around $4.80 a...

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