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Adam Baker
Energy Fundamentals Analyst
Novi Labs

Adam Baker is a fundamentals analyst at Novi Labs, specializing in natural gas and NGL market fundamentals. He holds a B.S. in Economics from the University of Houston and began his career at RBN, supporting supply/demand analysis across diverse markets in the Lower 48 and Canada under the guidance of senior leadership. Adam authors the NGL Voyager publication and develops the firm's proprietary U.S. production forecast, and he contributes market fundamentals and quantitative analysis to NGL and natural gas-focused consulting engagements. Outside of work, Adam is a seasoned Dungeons & Dragons Dungeon Master, having hosted a campaign for the past 8 years, highlighting his commitment and storytelling prowess. Adam's music tastes are eclectic, but he currently favors the sounds of King Gizzard & The Lizard Wizard, JPEGMAFIA, and is currently on a Midwest Emo kick.

Posts by Adam Baker

- Analyst Insight

Jones Act Waiver Supports PADD 1 Propane Balance

Author Adam Baker - U.S. Propane Billboard

On August 1, France-flagged vessel Champagny, delivered 313.2 Mbbl (~10 Mb/d) of propane from Energy Transfer's Marcus Hook terminal in Pennsylvania to the Sea-3 terminal in Rhode Island (RI). This is the sixth movement of propane under the Jones Act waiver issued March 17, and recently extended on August 10. It is notably the first instance of propane moving within the lower-48 states under the waiver, as all shipments until then had been destined for Puerto Rico.