In The News

Wednesday, 12/02/2020

November 23, 2020 – DeSmog Blog

Oil Companies Can’t Find Any Buyers For Refineries Struggling Amid Pandemic Crisis

By Justin Mikulka

…Expectations are for the economy and fuel consumption to return to 2019 levels at some point in the future, with one caveat: The demand for very profitable jet fuel (which accounted for 9 percent of total U.S. refinery output last year) may never return. This change poses a major threat to the basic business model of many refineries.

Although plenty of businesses face similar challenges, it may be...

Wednesday, 11/18/2020

November 16, 2020 – Rigzone

The Great American LNG Comeback

By Jude Clemente

After a record 2019, it has been a rocky ride through the pandemic for the U.S. LNG export business. Sunken prices and demand globally have shrunk our shipments abroad. In January, exports were up over 9 billion cubic feet per day (Bcf/d) before steadily falling to 2.5 Bcf/d at the end of August, with facility utilization bottoming out at 20 percent. From April to November, there were nearly 180 cargo cancelations, and RBN Energy estimates that a...

Wednesday, 11/18/2020

November 10, 2020 – Natural Gas Intelligence

Heightened Seasonality, Volatility Possible as U.S. Natural Gas Goes Global

By Leticia Gonzales

After a years-long period of relatively low volatility, Henry Hub natural gas prices are expected to see more “peaks and valleys” ahead on growing export demand and a lack of infrastructure development, according to RBN Energy LLC President David Braziel.

On Monday, the first day of the 2020 LDC Natural Gas Forum in San Antonio, Braziel said the pace of export...

Wednesday, 11/18/2020

November 6, 2020 – LP Gas Magazine

Propane industry explores shifts in supply, distribution patterns

By Brian Richesson

Changes in supply and distribution dynamics are forcing propane industry leaders to ponder the potential impacts on marketers’ ability to serve customers reliably this winter.…

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Tuesday, 11/03/2020

November 3, 2020 – Calgary Herald

Varcoe: Trying to instil confidence as economic challenges mount

By Chris Varcoe

Alberta’s economic recovery is encountering greater resistance than it faced just a few weeks ago, with oil prices slipping below US$37 a barrel, the second wave of a global pandemic taking hold and layoffs battering the energy sector…

Read the full article here: