Court Gives Fisheries Agency More Time to do New Marine Life Study for GOM

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U.S. Crude Oil Exports Dip Below Year-To-Date Average

U.S. crude oil loadings fell to 3.5 MMb/d last week, a decrease of 391 Mb/d from the prior week, according to this week's Crude Voyager.

Enbridge Closes on Acquisition of Land, Docks from Flint Hills Resources

Enbridge has closed its previously announced acquisition of two additional docks (royal blue tank in upper right on map below) and land adjacent to the Enbridge Ingleside Energy Center (EIEC, green tank in upper right) from Flint Hills Resources (FHR) for a total purchase price of approximately $

Non-TET versus TET Differential Hit Crazy, Record Levels in October; Is It All Over Now?

During October 2024, the premium of Non-TET propane over TET propane in Mont Belvieu went completely nuts, averaging a level far outside the norm, peaking several days at record levels. This is not simply some arcane NGL differential that makes little difference to propane markets. It is a key as

EPA Backs Deepwater Oil Export Facilities Despite Recent Pushback from Climate Activists

Climate activists who successfully urged the Biden administration to pause new U.S. LNG export permits are now targeting proposed deepwater crude oil export facilities.

Genesis-Owned CHOPS Oil Pipe Maintenance Extended Five Days on Bad Weather

Genesis Energy has extended maintenance at its Cameron Highway Oil Pipeline System (CHOPS) by five days because of unfavorable weather in the Gulf of Mexico. Genesis owns 64% of CHOPS and operates it.

Four Energy-Related Measures on The Ballot This Year

The 2024 presidential election has the potential to significantly alter U.S. energy policy, with everything from traditional oil and gas production to tax credits for clean hydrogen and electric vehicles potentially impacted by Tuesday’s outcome.

BOEM Awards Two Winners in First Ever Atlantic Coast Wind Energy Lease Auction

The Bureau of Ocean Energy Management (BOEM) provisionally awarded two companies leases in its first ever commercial sale of acreage to develop floating offshore wind energy projects on the Atlantic Coast. BOEM collected $21.9 million from the winning bids on October 29.

Rig Count Unchanged for Second Consecutive Week, Holding at 585

US oil and gas rig count was unchanged for the second consecutive week, maintaining 585 rigs for the week ending November 1 according to Baker Hughes.

EIA Monthly Data Paints A Clear Picture of Propane Production

One of the mysteries of the 2024 propane market has been the shift upward in weekly production seen in late-April (Blue line in chart below) which was followed by a 14-week steady decline in production. We've been asked about it by clients of our Weekly Propane Billboard but have never had a cle

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