Since the ban of most U.S. crude oil exports was lifted in December 2015, shipments across the U.S. Gulf Coast have soared, from 1.2 MMb/d at the beginning of 2018 to 3.7 MMb/d in 2023 so far.

The Trans Mountain oil pipeline expansion could be delayed by up to nine months if regulators do not approve a route change request, the Canadian government corporation building the project said Monday (9/11) in a regulatory filing.

Overall feedgas last week averaged 12.09 Bcf/d, down 180 MMcf/d week-on-week, amid lower flows to Freeport LNG, where two trains went offline over the weekend.

The differential between the price of propane in Asia (Argus FEI-Far East Index), and Mont Belvieu has blasted to more than $300/mt (60 cents/gallon) so far this month (right graph below).  Freight and terminaling rates have not risen as fast, which means that the U.S.-Asia export arbitrage for p

For the week ending September 8, US oil and gas rig count was nearly unchanged from the prior week at 632 rigs, a gain of 1 vs. a week ago according to Baker Hughes.