In The News

Monday, 02/19/2024

February 19, 2024 – LP Gas Magazine

Propane Personality: Rusty Braziel

By Brian Richesson

Braziel, a Texas native, started his career in 1974 as a computer programmer for Skelly Oil in Tulsa, Oklahoma. When Getty Oil bought Skelly Oil, Braziel moved to Los Angeles. He later returned to Tulsa, as well as to Houston, for other roles in the energy field, including with Texaco and Williams. He’s also worked as a commodity trader, fundamentals analyst and operations manager in roles spanning natural gas, natural gas liquids (NGLs) and crude oil...

Wednesday, 02/07/2024

February 7, 2024 – CBC News

Balmy temperates, robust production sink natural gas prices

By Kyle Bakx

For natural gas producers, profits are taking a hit.

"They're kind of gritting their teeth, wringing their hands and hoping for the best," said Martin King, a Calgary-based senior analyst with RBN Energy.

The expected completion of the LNG Canada export terminal in British Columbia in the middle of this year is providing some level of optimism in the sector, said King, although the impact on pricing is hard to...

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...

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