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.
Enbridge is buying Salt Creek Midstream’s crude-oil gathering business for $600 million, which includes full ownership of the Orla and Wink North systems and a 50% interest in Delaware Crossing. Today, we’ll discuss how the deal strengthens Enbridge’s link between Permian production and export markets.
A small cadre of E&Ps active in the San Juan Basin’s Mancos Shale is anticipating breakout growth in natural gas production there if and when gas prices rise, and a well-known midstreamer is planning what could eventually be a high-capacity gas pipeline to the burgeoning Arizona market.
The Future of Fuels bi-annual report by RBN's Refined Fuels Analytics provides an in-depth analysis of the U.S. and global refinery industries, focusing on crude oil and fuel market dynamics, supply and demand, alternative fuels, refinery capacities, and price forecasts to help stakeholders navigate the evolving energy landscape.
The Trans Mountain pipeline's owner Trans Mountain Corporation said in its Q2 results press release on August 28 that it expects to increase the pipeline's "nominal system capacity by approximately 90,000 bpd by the end of 2026".
Massive volumes of natural gas are already converging on the Katy Hub and much more will be soon. A planned bidirectional header system is designed to help ease the flow of gas through that key aggregation and distribution point for gas bound for industrial, power-generation, and LNG export load.
Weekly Canadian refinery crude oil runs saw a dip in July, but had since recovered (see red line in left chart below), according to weekly data through August 4.
U.S. oil and gas rig count was unchanged at 588 for the week ending August 28 according to Baker Hughes data, as one-rig gains in the Haynesville and All Other were offset by one-rig declines in Appalachia and the Gulf of Mexico.
In Western Canada the gas-directed rig count dropped by 2 to 63 rigs, while the oil-directed rig count fell by 4 to 143 rigs, for the week ended August 28, according to Baker Hughes data.
The RBN NATGAS Haynesville is a weekly natural gas fundamentals analysis focused on supply, flow, and LNG-driven demand dynamics within the Haynesville basin.
Woodside Energy has placed its Beaumont New Ammonia facility under strategic review and is evaluating its options for the site, the company said during its H1 2026 earnings presentation on August 25. CEO Liz Westcott said the company’s assets “must all compete for capital equally,” and that new energy opportunities must be supported by clear customer demands and commercial markets and compete for capital with other investment opportunities.
For many, 2026 will be remembered as the year that diesel cracks topped the century mark ($100/bbl) for the first time, surpassing even the post-COVID boom year of 2022. Today, we examine the various factors driving this run-up and what they reveal about the broader physical refined products market.
VLCC freight has quickly emerged as a growing headwind for U.S. Gulf Coast crude exports to Asia.
