The U.S. ethane-to-Henry Hub ratio climbed for a third straight month in July, averaging 111% so far and remaining modestly above the same month last year.
The NGL business is one of the most logistically complex segments of the energy industry. To really make sense of it you need to step back and look at the big picture. That’s exactly what our new U.S. NGL Infrastructure Map provides — a comprehensive view of the entire NGL value chain.
The NGL business is one of the most logistically complex segments of the energy industry. To really make sense of it you need to step back and look at the big picture. That’s exactly what our new U.S. NGL Infrastructure Map provides — a comprehensive view of the entire NGL value chain.
The rapid buildout of Permian gas processing plants and other NGL-related infrastructure in Texas and southeastern New Mexico isn’t just continuing, it’s accelerating. In today’s RBN blog, we discuss the latest project announcements and why gas and NGL production in the Permian are still rising.
The U.S. propane market typically follows predictable trends. With much of domestic demand occurring in the colder months, storage builds in the summer and is withdrawn in the winter. But since mid-April, storage levels have increased by only 1.2 MMbbl. Today, we explore what is going on and why.
On Monday May 25 Pembina Pipeline Corporation announced it is proceeding with the Heartland Extraction Plant, an upsized and renamed evolution of the Yellowhead Extraction Plant first proposed in early 2025.
Petchem margins are off to a strong start in April, with ethane, propane, and butane all moving higher month-over-month. Ethane continues to lead, while the gap between NGL-based feedstocks and natural gasoline remains firmly in place.
NGL production in Western Canada hit an all-time high in 2025 and looks to be headed even higher in the years ahead. Major midstream players, such as AltaGas, have been undertaking infrastructure expansions to deal with all the additional gas processing, Y-grade fractionation and product exports.
Wow! Pragmatism! Driven by physics, economics and, yes, even politics. It’s clear that 2025’s reset will carry into 2026, and energy markets are breathing a collective sigh of relief. So what does this renewed tilt toward fossil fuels mean for markets? Today, our Prognostications for 2026.
Wow! Pragmatism! Driven by physics, economics and, yes, even politics. It’s clear that 2025’s reset will carry into 2026, and energy markets are breathing a collective sigh of relief. So what does this renewed tilt toward fossil fuels mean for markets? Today, our Prognostications for 2026.
