Fundamental to our approach to energy markets at RBN is a view that natural gas, crude oil and NGLs have become much more interdependent than in the days before shale. What happens in gas impacts NGLs, which influences crude oil, which loops back to the natural gas market. We’ve written about these cross-commodity relationships in a number of RBN blogs during 2012, showing the calculations and walking through several spreadsheet models. Now we are taking our analysis one step further. Starting on December 31, 2012, we are launching a new RBN website feature called Spotcheck that displays daily updated graphs of these relationships. Today we’ll describe what is coming next week, and how you can interpret the trends to better understand developments in North America hydrocarbon markets.
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Before you jump to any conclusion that this stuff is incomprehensible, bear with us for a moment. This is a snapshot view designed for a quick glance, and only if you are familiar with the history of each series. If you just click on any of the titles, it takes you to an expanded view of the six, with data on each graph going back a year. You can see what that looks like below.
To access the remainder of Into 2013 - Tracking the Big Trends in Hydrocarbon Markets: Spotcheck you must be logged as a RBN Backstage Pass™ subscriber.
Full access to the RBN Energy blog archive which includes any posting more than 5 days old is available only to RBN Backstage Pass™ subscribers. In addition to blog archive access, RBN Backstage Pass™ resources include Drill-Down Reports, Spotlight Reports, Spotcheck Indicators, Market Fundamentals Webcasts, Get-Togethers and more. If you have already purchased a subscription, be sure you are logged in For additional help or information, contact us at email@example.com or 888-613-8874.