U.S. LNG Feedgas Slipped Last Week

Like the classic tune, “Rock the Boat,” U.S. LNG feedgas demand hit choppy water last week, slipping as intake dropped at Sabine Pass, Corpus Christi, Cameron, and Plaquemines.

Wild Ride — Corpus-Midland Oil Price Differential Suggests Pipeline Capacity Tightness Persists

The differential in the price of WTI crude oil in Corpus Christi, TX and WTI crude oil in Midland, TX has been volatile for more than a year, with more recent differential action pointing to persistent tightness in available pipeline capacity to ship crude from Midland to Corpus (red dashed recta

Permian Gas Production Rebounds Too Soon?

Permian gas production rebounded slightly last week as Gulf Coast Express came back online following scheduled maintenance that ended April 15.

Tariffs Throw Prompt Mont Belvieu Propane Into Turmoil

For the past two weeks, prompt Mont Belvieu propane prices have been at a steep premium to the forward market, reflecting turmoil since the onset of the tariff war. As we covered in

The Roaring 20s are Here - Western Canada’s Gas Production Sets a Single Day Record

Natural gas production in Western Canada has been extremely robust as part of a gradual upward push underway since late 2024.

Houston-Bound Permian Crude Flows Bounced Back in December

Permian Basin crude oil flows to Houston extended their recovery in December, rebounding from the sharp June 2024 decline — the lowest volume since September 2023 (see chart below) — according to the latest monthly data from the Texas Railroad Commission.

Green Hydrogen, CCS Not Viable in Steelmaking Until 2030s: ArcelorMittal

Efforts to reduce greenhouse gas (GHG) emissions in steelmaking via carbon-capture technology and a switch to green hydrogen are unlikely to be economically viable before 2030, steelmaker ArcelorMittal said in its Sustainability Report 2024, which was published April 17.

Duke Proposes New Gas-Fired Facilities in Indiana

Duke Energy recently filed with the Indiana Utility Regulatory Commission to build two new gas-fired power plants at Cayuga Station in Indiana. The plants would replace existing coal-fired generation and would be able to provide up to 1,510 MW of power.

US Rig Count Up Slightly on Gains in Appalachia

US oil and gas rig count grew to 585 for the week ending April 17 according to Baker Hughes data, a gain of two vs. a week ago. Three rigs were added in Appalachia, while the All Other group fell by one rig. All other basins were flat this week.

Race for the Exit - Valero Announces Closure of Bay Area Refinery

The announcement by Valero to shutter its Benicia refinery by April 2026 may have come as a surprise to city leaders, but it fits with recent trends.

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