RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
There’s a horse race among Gulf Coast gas storage developers to provide the tens of billions of cubic feet of incremental space that will be needed by the early 2030s. Out front are the owners of existing salt cavern storage. But which brownfield projects have that special something?
Devon Energy announced it is selling its Eagle Ford assets to Crescent Energy for $4.22 billion in cash. In today’s blog, we look at why Devon is leaving South Texas while Crescent doubles down, and we preview our detailed analysis of the deal, available on the Novi Intelligence portal.
NATGAS Billboard is a daily, early morning email and report that provides an up-to-the-minute view of the natural gas market outlook, including storage injections/withdrawals and price. Billboard’s models incorporate pipeline flow data, weather models, electricity demand data and more.
Woodside Energy has completed the strategic review of its Beaumont New Ammonia facility and will initiate a formal process to reduce its investment, the company said during its Q3 2026 earnings report published October 21. The company announced plans for the review during its H1 2026 earnings presentation in August.
Freight rates are sky-high. Shipping crude oil from the U.S. Gulf Coast to China on a VLCC cost more than $80 million earlier this month, double what it was in September and 5X a year ago. Today, we look at the unique combination of factors that are helping drive freight rates to record highs.
Western Canada saw large drops in LPG inventories in September, especially butanes, according to data released by the Canadian Energy Regulator on October 15.
U.S. propane inventories have fallen 3.8 MMbbl in three weeks, the steepest decline for this period in at least a decade, as strong exports pull Gulf Coast stocks lower. The surplus to last year has shrunk to 2.7 MMbbl and could disappear as soon as next week.
A decade ago, the first LNG cargo produced in the Lower 48 was exported from Sabine Pass. Now, feedgas demand for LNG has surpassed 20 Bcf/d for the first time. Today, we look at how we got here, the recent stall in feedgas volumes, and where U.S. export demand is heading in the years to come.
NATGAS Permian is a weekly natural gas fundamentals analysis focusing entirely on the key market drivers within the Permian basin. The report contains details and forecasts around natural gas production, demand, pricing, and a summary of pipeline outflows and capacities from the Permian to neighboring regions.
Freight finally took a breather last week, but Gulf Coast exporters remain a long way from relief, facing shipping bills that would have been difficult to imagine before this year.
U.S. LNG feedgas surged to an all-time high last weekend, reaching the long-awaited 20 bcf/d milestone as winter peak operations ramp up across several terminals.
NGL prices pulled further ahead of natural gas over the past month, pushing the frac spread to $7.80/MMBtu on October 19, up 36% from a month earlier.
