Lisa Shidler has been a content creator for over twenty years and has analyzed the financial services industry for the past 17 years. She first began writing about energy for consumers in the early 2000s. She is based in the Midwest, where she reads, writes, edits content, and produces a podcast about books.
U.S. LNG feedgas demand moved higher last week as Freeport and Cove Point returned from maintenance and Golden Pass intake hit a record over the weekend.
ONEOK’s expansion of its Greater Denver refined products pipeline does more than just add 35 Mb/d of capacity to Denver International Airport. The midstream giant has larger ambitions for the 230-mile line that links Denver to Midcontinent and Gulf Coast supplies.
U.S. LNG feedgas moved lower last week as brief maintenance at Freeport and volatility at Golden Pass weighed on intake.
U.S. LNG feedgas demand averaged about 17.8 Bcf/d last week, down 0.5 Bcf/d week-on-week (see blue-dotted chart below).
The Permian is the country’s largest NGL-producing region, and its output is expected to keep growing. By 2035, the basin is forecast to account for 53% of U.S. NGL production. Handling that growth will require a complex network of pipelines, fractionators and other infrastructure.
The Permian has up to 11 Bcf/d of new natural-gas takeaway capacity scheduled to enter service through the end of 2029, with still more coming into the early 2030s. The central question is whether natural gas growth from Permian oil development will fill that capacity and, if so, how quickly.
