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.
Just a few years ago, natural gas storage capacity along the Gulf Coast was widely available at low cost, but that has all changed. A storage-capacity shortfall is looming as new LNG export facilities come online, and the competition among storage developers is heating up. There will be winners and losers.
A series of disruptions to global refining capacity and refined-product flows has raised the prospect of a ban on U.S. diesel exports as a way to keep prices in check. Today, we look at where things stand and how a U.S. export ban could result in a number of major unintended and negative consequences.
The Canadian NATGAS Billboard is a weekly, early morning email and report that’s designed to keep physical and financial participants informed of the various fundamental components that make up the complex Canadian natural gas market. This service saves readers time and confusion by compiling all the most critical data points into one clear and concise report.
Permian natural gas production has been at record highs this month as Hugh Brinson, Blackcomb and an expansion of Gulf Coast Express have increased capacity out of the region.
The North American energy landscape has changed dramatically since our first School of Energy way back in 2013, but the need to understand market fundamentals has not. Today’s blog includes key highlights (and some blatant plugs) for a newly available replay of our recent conference in Houston.
U.S. oil and gas rig count gained four rigs to 599 for the week ending September 25 according to Baker Hughes data, as gains in Anadarko (+1), Gulf of Mexico (+1), Permian (+1) and All Other (+2) eclipsed a one-rig decline in the Eagle Ford.
In Western Canada the active gas-directed rig count was unchanged at 62 rigs, while the oil-directed rig count jumped by 11 to 143 rigs, for the week ended September 25, according to Baker Hughes data.
The Texas Railroad Commission (RRC) has approved the state’s first new carbon-capture project since it assumed primacy for Class VI injection wells in December 2025. ExxonMobil’s Rose CCS project southwest of Beaumont in Jefferson County was approved by a 2-1 vote of the RRC on September 16. The project’s three wells would permanently store about 4 million MT per year of carbon dioxide (CO2) over 13 years, or about 52 million MT overall.
The Canadian NATGAS Billboard is a weekly, early morning email and report that’s designed to keep physical and financial participants informed of the various fundamental components that make up the complex Canadian natural gas market. This service saves readers time and confusion by compiling all the most critical data points into one clear and concise report.
Two vehicles may look identical from the outside, but what’s under the hood can make all the difference. Today, we look at how the same principle applies to crude oil, as barrels that meet the same basic specifications can still behave very differently once they reach a refinery.
It’s no secret that rising prices for refined products have drawn scorn from consumers, businesses and politicians alike, but the market isn’t stuck indefinitely. Today, we look at how China could play a major role in stabilizing the global refined products market and help bring down prices.
The EIA reported a total U.S. propane/propylene inventory draw of 1.2 MMbbl for the week ended September 18, with essentially all of it out of PADD 3 and driven by rising reported exports.
