In The News

OPIS North America LPG Report
Tuesday, 07/21/2015

July 17, 2015 – OPIS

OPIS North America LPG Report (page 7)

IN THE NEWS . . .

Ethane prices could hit 50cts/gal by 2020, bolstered by new demand from growing petrochemical cracking capacity and export capacity, RBN Energy predicted yesterday. Yet, those infrastructure improvements may not generate the returns originally projected.

In a blog, "It's Not Supposed To Be That Way -- NGL Prices and Petchem Margins In a Low Crude Price World," RBN author Sandy Fielden observed that the economic conditions that existed when the petchem...

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Five US LNG terminals expected by 2020
Thursday, 07/02/2015

July 2, 2015 – Platts Gas Daily

Five US LNG terminals expected by 2020 (pgs 5-6)

By: Jim Magill

Bentek expects five LNG export projects to be completed by 2020, boasting a total liquefaction capacity of just over 10 Bcf/d. However, due to an impending global glut in LNG supply, Bentek expects much of this capacity to go underutilized through 2020.

As such, many of the projects which have not yet have reached FID are not expected to go forward between now and 2018 at the earliest.

Cheniere’s announcement of an FID...

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OPIS North America LPG Report
Tuesday, 06/30/2015

June 29, 2015 – OPIS

OPIS North America LPG Report

(pgs 7-8)

NGL prices are expected to advance through the remaining six months of 2015, but gains are expected to remain limited. Mt. Belvieu ethane, currently just under 19cts/gal on a spot settlement basis today, is projected to hit just over 21cts/gal by December 2015, Friday's OPIS NGL Forwards Report shows.

In the meantime, ethane's story is really that of natural gas. July natural gas futures settled at $2.773/MMbtu on Thursday. The December contract settled at $3.106/MMbtu...

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Disappearing Bakken oil discount adds to output slowdown signs
Wednesday, 06/10/2015

June 10, 2015 – Reuters

Disappearing Bakken oil discount adds to output slowdown signs

By Catherine Ngai

NEW YORK (Reuters) - Oil traders scrambling to secure crude in the U.S. Midwest have pushed North Dakota's Bakken to a near premium for the first time in two years, a rally stoked by record refinery runs and an unprecedented slump in Canadian imports.

Read the full story here: http://finance.yahoo.com/...

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Low prices lead to opportunities: Braziel
Friday, 06/05/2015

June 4, 2015 – Platts Gas Daily

Low prices lead to opportunities: Braziel

By: Jim Magill

RBN analyst Rusty Braziel said low gas commodity prices might paradoxically create opportunities for gas producers and marketers. “Not only are natural gas prices down, crude oil prices are down, in fact proportionally they’re down more. And because both are down, the rig count is way down,” Braziel said in an interview.

Because the rig count is down, oil and gas producers are locked in negotiations with oilfield service providers, such as...

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